Bill > SB01199

This bill proposes to establish a mechanism for recovering damages from companies that have significantly contributed to greenhouse gas emissions, with the goal of funding climate change mitigation, resilience, and adaptation efforts. The legislation would specifically require companies that have been major contributors to atmospheric greenhouse gases to pay damages, which would then be used to support environmental protection and adaptation projects. A key provision of the bill mandates that at least 40% of the recovered funds be directed to environmental justice communities, which are typically low-income or minority neighborhoods that have historically been disproportionately affected by environmental hazards and climate change impacts. By creating this "Climate Change Superfund," the bill aims to hold major polluters financially responsible for their environmental contributions while simultaneously providing resources to help vulnerable communities prepare for and respond to climate change challenges.

Agriculture and Natural Resources

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB01199&which_year=2025