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CT HB06348

Bill

Official Source

Status

Introduced

1/20/2023

Primary Sponsor

David Michel

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • Authorizes the State Treasurer to divest state funds from corporations or entities that extract, transport, trade, or otherwise contribute to the production of coal, oil, and gas
  • Prohibits the State Treasurer from making further investments in fossil fuel corporations
  • Amends Title 3 of the Connecticut General Statutes to implement divestment authority
  • Aims to mitigate the effects of climate change through state investment decisions
  • Introduced by Rep. Michel (146th District) and referred to the Committee on Government Administration and Elections

Legislative Description

An Act Concerning The Divestment Of State Funds From Fossil Fuel Corporations.

Last Action

Referred to Joint Committee on Government Administration and Elections

1/20/2023

Committee Referrals

Government Administration and Elections1/20/2023

Full Bill Text

No bill text available