Bills/S. 941

A bill 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.

A bill 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.

In CommitteeEnvironmentSenateSenate Bill · 119th Congress
Bill Progress · Senate
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Summary of S 941 **What the Bill Would Do** S 941 would ban "natural asset companies" from making agreements involving land or natural resources in Utah. Natural asset companies are business entities that own or manage natural features (like forests, wetlands, or mineral rights) and can sell financial instruments based on their value. This bill would essentially prevent such companies from operating or conducting business involving Utah's land and natural resources. **Who It Affects** The bill would primarily affect companies that invest in or manage natural assets, as well as landowners in Utah who might want to partner with these entities. It could also impact conservation efforts that rely on natural asset company financing models.

The restriction applies only to Utah, not other states. **Current Status** S 941 is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full Senate. Sponsor John Curtis is a Republican from Utah. The bill has not advanced further in the legislative process at this time.

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Latest Action

March 11, 2025

Read twice and referred to the Committee on Energy and Natural Resources.

Sponsor

R
1 cosponsor

Key Dates

Introduced
March 11, 2025
Last Updated
March 11, 2025
Read Full Text on Congress.gov →
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