Illinois HB5072 protects lawful sustainable investment activities and provides recourse for Illinois residents against judgments from other states.
HB5072 amends the Illinois Sustainable Investing Act to ensure that lawful sustainable investment activities are protected. It prohibits the State from assisting any out-of-state entities in imposing liability on Illinois residents for such activities. The Act establishes that Illinois law governs any controversies related to lawful sustainable investment activities within the state. It also provides a right of action for Illinois residents who face judgments in other states for lawful sustainable investment activities permitted in Illinois, allowing them to recover damages and costs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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