HB0093

Prohibits natural asset companies from selling credits through national securities exchanges if they hold conservation interests in land entirely within Wyoming.

• Defines a natural asset company as an entity holding conservation interests or ecological performance rights to Wyoming land with authority to manage it for conservation, restoration, or sustainable management, where the primary purpose is to manage natural assets and ecosystem services or conduct activities that do not materially adversely impact natural resources. (W.S. 17-33-101(a))
• Makes it unlawful for natural asset companies with conservation interests in land entirely within Wyoming to sell credits through a national securities exchange registered under federal securities law, while allowing sale of credits from land held outside Wyoming. (W.S. 17-33-101(b), 15 U.S.C. § 78f)
• Specifies that the act applies to natural asset companies with conservation interests in Wyoming land on or after the effective date. (Sec. 2)

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

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