IL HB5072

Amends the Illinois Sustainable Investing Act to require Illinois law to govern any case heard in the state related to lawful sustainable investment activity, overriding conflict of law rules.

Prohibits Illinois from providing information, money, personnel, facilities, or other resources to assist out-of-state officials or entities seeking to impose civil or criminal liability on anyone for lawful sustainable investment activity.

Creates a private right of action allowing Illinois residents who have judgments entered against them in other states for sustainable investment activity to sue for damages, including recovery of the out-of-state judgment amount, attorney's fees, and litigation costs.

Defines "lawful sustainable investment activity" to include activities implementing sustainable investment policies that consider environmental, social, and governance (ESG) factors, as well as proxy voting advisory services and corporate governance research.

Requires lawsuits under the new right of action to be filed within 2 years of the violation, with exceptions for contract-based claims and actions where no part of the conduct occurred in Illinois.