S. 941 would prohibit "natural asset companies" from entering into any agreements involving land or natural resources in Utah. A natural asset company is defined as a corporation that holds rights to the ecological performance of a specific area and manages it for conservation or restoration purposes, as well as any substantially similar organizations. The bill imposes a blanket ban on these types of companies operating in Utah, effectively preventing them from acquiring rights, entering contracts, or conducting business related to the state's land and natural assets. The legislation was introduced in March 2025 by two Utah senators and contains no specified funding or implementation timeline, functioning instead as a direct prohibition on a particular business model in the state.