[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 941 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
                                 S. 941

 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 THE SENATE OF THE UNITED STATES

               March 11 (legislative day, March 10), 2025

  Mr. Curtis (for himself and Mr. Lee) introduced the following bill; 
   which was read twice and referred to the Committee on Energy and 
                           Natural Resources

_______________________________________________________________________

                                 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PROHIBITION OF NATURAL ASSET COMPANIES FROM ENTERING INTO 
              CERTAIN AGREEMENTS.

    (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.
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