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HB0093 • 2025

Protect Wyoming's Lands Act.

AN ACT relating to corporations, partnerships and associations; prohibiting natural asset companies from selling credits through national securities exchanges as specified; providing definitions; specifying applicability; and providing for an effective date.

Agriculture
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Agriculture
Last action
2025-02-14
Official status
inactive
Effective date
3/1/2025

Plain English Breakdown

The official source material did not provide specific details about enforcement mechanisms or penalties for violations.

Protecting Wyoming's Lands Act

This act stops natural asset companies from selling credits through national stock exchanges if the land they manage is entirely within Wyoming.

What This Bill Does

  • Defines what a 'natural asset company' is in Wyoming.
  • Prohibits these companies from selling their credits on national securities exchanges if the land they manage is entirely within Wyoming's borders.
  • Specifies when this law will start and apply.

Who It Names or Affects

  • Natural asset companies that operate in Wyoming

Terms To Know

natural asset company
A company that holds a conservation interest in land or has the rights to ecological performance of defined land areas, managing them for conservation, restoration, or sustainable use.

Limits and Unknowns

  • The bill does not specify what happens if a natural asset company tries to sell credits through national stock exchanges despite the ban.
  • It is unclear how this law will be enforced or what penalties might apply for breaking it.
  • This act did not pass in its current session.

Bill History

  1. 2025-02-14 Senate

    S COW:Failed 11-20-0-0-0

  2. 2025-02-11 Senate

    S Placed on General File

  3. 2025-02-11 Senate

    S05 - Agriculture:Recommend Do Pass 4-0-1-0-0

  4. 2025-02-10 Senate

    S Introduced and Referred to S05 - Agriculture

  5. 2025-01-27 Senate

    S Received for Introduction

  6. 2025-01-27 House

    H 3rd Reading:Passed 57-4-1-0-0

  7. 2025-01-24 House

    H 2nd Reading:Passed

  8. 2025-01-23 House

    H COW:Passed

  9. 2025-01-21 House

    H Placed on General File

  10. 2025-01-21 House

    H05 - Agriculture:Recommend Do Pass 8-1-0-0-0

  11. 2025-01-15 House

    H Introduced and Referred to H05 - Agriculture

  12. 2025-01-02 House

    H Received for Introduction

  13. 2024-12-30 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
25LSO-0309
2025
STATE OF WYOMING
25LSO-0309
Introduced
2.0

HOUSE BILL NO. HB0093

Protect Wyoming's Lands Act.

Sponsored by: Joint Agriculture, State and Public Lands & Water Resources Interim Committee

A BILL

for

AN ACT relating to corporations, partnerships and associations; prohibiting natural asset companies from selling credits through national securities exchanges as specified; providing definitions; specifying applicability; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 17
‑
33
‑
101 is created to read:

CHAPTER 33
NATURAL ASSET COMPANIES

17
‑
33
‑
101.

Natural asset companies; definition; prohibition.

(a)

As used in this section, "natural asset company" means a company:

(i)

That holds a conservation interest in land in Wyoming or has the rights to the ecological performance, including value from natural assets and the production of ecosystem services, of a defined land area in Wyoming and has the authority to manage such area for conservation, restoration or sustainable management; and

(ii)

The primary purpose, with respect to such defined land area in Wyoming, is to:

(A)

Manage, maintain, restore and grow the value of natural assets and the production of ecosystem services in the area; or

(B)

Carry out activities that do not cause any material adverse impact on the condition of the natural assets in the area and replenish the natural resources used in the area.

(b)

It shall be unlawful for a natural asset company having a conservation interest in land or defined land area entirely within Wyoming to sell its credits through a national securities exchange registered under 15 U.S.C. § 78f. This subsection shall not prohibit a natural asset company from selling its credits from land it holds outside the state of Wyoming.

Section 2.

This act shall apply to natural asset companies with conservation interests in land or defined land areas entirely within Wyoming on or after the effective date of this act.

Section 3.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

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HB0093