HB363: Attorney General - Climate Change Actions - Authorization

Legislative Summary

Authorizing the Attorney General to investigate, commence, and prosecute or defend any suit or action that holds accountable a publicly traded entity with a market capitalization greater than $1,000,000,000 or its subsidiaries for tortious or otherwise unlawful conduct that has contributed to climate change; and authorizing the Attorney General to hire outside counsel on a contingency fee basis to assist with an action under the Act if the Attorney General makes a determination that it is in the best interests of the State.