This bill would ban “natural asset companies” from making any agreements about land in Utah, or about natural assets on or in that land. A “natural asset company” is defined as a corporation (or similar group) that holds rights to the ecological performance of a specific area and can manage that area for conservation, restoration, or sustainable use .

In short, it blocks these companies from striking deals tied to Utah’s land or its natural features, like ecosystems, resources, or other environmental assets .

• Who is affected: Natural asset companies, and any parties seeking to make agreements with them in Utah .
• What changes: These companies would be prohibited from entering any agreement related to Utah land or the natural assets on or in that land .
• Where: The State of Utah .
• When: The text provided does not state an effective date; it creates the prohibition if enacted as law .