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US HB2063

Bill

Status

Introduced

3/11/2025

Primary Sponsor

Mike Kennedy

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Prohibits natural asset companies from entering into any agreement regarding land in Utah or natural assets located on or in Utah land

  • Defines "natural asset company" as a corporation that holds rights to the ecological performance of a defined area and has authority to manage that area for conservation, restoration, or sustainable management

  • Includes in the definition any company or organization substantially similar to the described natural asset company structure

  • Introduced March 11, 2025 by Rep. Kennedy of Utah and referred to the Committee on Natural Resources

Legislative Description

To prohibit natural asset companies from entering into any agreement with respect to land in the State of Utah or natural assets on or in land in the State of Utah.

Environmental protection

Last Action

Referred to the House Committee on Natural Resources.

3/11/2025

Committee Referrals

Natural Resources3/11/2025

Full Bill Text

No bill text available