In CommitteeFiled Jan 29, 2026
Sponsor: Graciela Guzmán (D)
Latest Action
Added as Co-Sponsor Sen. Robert Peters
Sep 9, 2026
Summary
The bill establishes a special fund in the state treasury and requires large fossil‑fuel companies that emitted over a billion tons between 2000‑2024 to pay into it. The money must be used for adaptation projects, with at least 40% directed to disadvantaged communities. It aims to recover costs the state will incur as climate impacts worsen.
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