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Ban on Trading Securities of Natural Asset Companies on US Exchanges.

This law prohibits US stock exchanges from listing and trading securities issued by "natural asset companies" (NACs). NACs are entities that manage defined land areas for conservation, restoration, or sustainable use of ecological resources. The goal is to prevent these companies, which monetize ecological performance, from accessing public stock markets.
Key points
US national securities exchanges are banned from trading stocks issued by companies focused on managing and monetizing the ecological value of land (ecosystem services).
Citizens will not be able to invest in these specific conservation and ecosystem-focused companies through traditional stock markets.
The change aims to limit the use of public financial markets for trading rights related to natural resources and ecosystem services.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_3840
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Process start date: 2024-02-29
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protect America’s Lands Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3840.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-02-29.

What are the main provisions?

Key points include:

  • US national securities exchanges are banned from trading stocks issued by companies focused on managing and monetizing the ecological value of land (ecosystem services).
  • Citizens will not be able to invest in these specific conservation and ecosystem-focused companies through traditional stock markets.
  • The change aims to limit the use of public financial markets for trading rights related to natural resources and ecosystem services.
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 Sen. Lummis, Cynthia M. [R-WY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Environment