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Utah Ban on Natural Asset Companies: Protecting Land and Resources

This new bill prohibits natural asset companies from entering into any agreements regarding land or natural assets within the state of Utah. The aim is to protect local resources from commercial exploitation by such entities, potentially impacting land management and accessibility for residents.
Key points
Natural asset companies are prohibited from making agreements concerning land or natural assets in Utah.
The bill aims to protect Utah's natural resources from specific types of commercial entities.
The definition of a natural asset company refers to Securities and Exchange Commission (SEC) guidelines.
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Status:
Expired
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Additional Information
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 such land.
Print number: HR 7006
Sponsor: Rep. Curtis, John R. [R-UT-3]
Process start date: 2024-01-17
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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Summary & Status

Key Questions about Utah Ban on Natural Asset Companies: Protecting Land and Resources

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 7006.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-01-17.

What are the main provisions?

Key points include:

  • Natural asset companies are prohibited from making agreements concerning land or natural assets in Utah.
  • The bill aims to protect Utah's natural resources from specific types of commercial entities.
  • The definition of a natural asset company refers to Securities and Exchange Commission (SEC) guidelines.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Curtis, John R. [R-UT-3].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Federal Lands.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

Analysis and Potential Impact of HR 7006

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Environment Real Estate Economy