(a) On or before July 31, 2026, the state corporation commission shall convene a workshop to assess wildfire risk and mitigation. Such workshop shall provide a forum for the presentation and discussion of the following information:
(1) General wildfire risks in the state;
(2) utility readiness to mitigate wildfire risks;
(3) risk mitigation strategies and approaches; and
(4) cost recovery treatment for wildfire mitigation costs, including investments and expenses.
(b) If determined necessary by the state corporation commission, the commission may open a general investigation or convene additional workshops to further assess utility wildfire risk and mitigation.