FILE NO. 104
Summary
The bill sets up a Climate Superfund that will collect money from companies responsible for more than one billion metric tons of greenhouse‑gas emissions between 1995 and 2024. The collected funds will be used for projects that protect the state from climate impacts, such as coastal wetlands, storm‑water upgrades, resilient roads and health‑care services. At least 40% of the spending must directly help environmental‑justice communities.
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