Last action was on 3-11-2025
Current status is Referred to the House Committee on Natural Resources.
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(a) Definition of natural asset company - In this section, the term "natural asset company" means—
(1) - a corporation that—
(A) - holds the rights to the ecological performance of a defined area; and
(B) - has the authority to manage the defined area for conservation, restoration, or sustainable management; or
(2) - a company or organization that is substantially similar to a corporation described in paragraph (1).
(b) Prohibition - A natural asset company may not enter into any agreement with respect to—
(1) - land in the State of Utah; or
(2) - natural assets on or in land in the State of Utah.