Relating to: creating a landlord fire prevention grant program, granting rule-making authority, and making an appropriation. (FE)

AB 695 creates a state grant program to help landlords of residential buildings pay for fire safety upgrades like installing sprinklers or providing fire extinguishers. Landlords can apply for grants covering up to half the cost of these measures, with a total funding cap of $10 million across all applicants. Grants will be awarded on a first-come, first-served basis through the Department of Housing. The program is funded by a new $10 million appropriation specifically designated for this purpose in the state budget.