119-hr2063

HR
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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.

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Introduced:
Mar 11, 2025
Policy Area:
Environmental Protection

Bill Statistics

3
Actions
0
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Mar 11, 2025
Referred to the House Committee on Natural Resources.

Actions (3)

Referred to the House Committee on Natural Resources.
Type: IntroReferral | Source: House floor actions | Code: H11100
Mar 11, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Mar 11, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Mar 11, 2025

Subjects (1)

Environmental Protection (Policy Area)

Text Versions (1)

Introduced in House

Mar 11, 2025

Full Bill Text

Length: 1,706 characters Version: Introduced in House Version Date: Mar 11, 2025 Last Updated: Nov 15, 2025 2:21 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2063 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 2063

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 HOUSE OF REPRESENTATIVES

March 11, 2025

Mr. Kennedy of Utah introduced the following bill; which was referred
to the Committee on 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.
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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