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.
About This Bill
Committee
Latest Action · March 11, 2025
Referred to the House Committee on Natural Resources.
H.R. 2063 would prohibit "natural asset companies"—entities that hold rights to manage land for conservation or ecological purposes—from entering into any agreements involving Utah land or its natural resources. The bill defines natural asset companies broadly to include corporations that control ecological performance rights and have authority over land management, as well as substantially similar organizations. This legislation would directly affect any such companies currently operating or seeking to operate in Utah, preventing them from entering new agreements related to Utah properties or natural assets. The bill contains no specified funding, implementation timeline, or enforcement mechanisms beyond the blanket prohibition. The measure was introduced in March 2025 and referred to the House Committee on Natural Resources.
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