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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 bill summary text does not provide specific details on enforcement or penalties for violations.

Protecting Wyoming's Lands Act

This act stops natural asset companies from selling credits through national stock exchanges for land within Wyoming and sets rules about what these companies can do.

What This Bill Does

  • Defines a 'natural asset company' as one that manages, maintains, restores or grows the value of natural assets on land in Wyoming.
  • Prohibits natural asset companies from selling credits through national securities exchanges for land within Wyoming.
  • Specifies when this act applies to existing and future natural asset companies.

Who It Names or Affects

  • Natural asset companies that manage or own land in Wyoming
  • National securities exchanges

Terms To Know

natural asset company
A company that manages, maintains, restores, and grows the value of natural assets on a specific piece of land in Wyoming.
credits
Units representing the value or performance of natural assets managed by these companies.

Limits and Unknowns

  • The bill does not specify what happens if a company breaks this rule.
  • It is unclear how this will affect existing agreements between companies and landowners in Wyoming.

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