summary
Introduced
02/29/2024
02/29/2024
In Committee
02/29/2024
02/29/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Securities Exchange Act of 1934 to prohibit exchanges from effecting transactions in securities issued by natural asset companies, and for other purposes.
AI Summary
This bill, the Protect America's Lands Act, would amend the Securities Exchange Act of 1934 to prohibit national securities exchanges from effecting transactions in securities issued by "natural asset companies." A natural asset company is defined as a company that holds the rights to the ecological performance of a defined land area and has the authority to manage that area for conservation, restoration, or sustainable management. The primary purpose of such a company must be to manage, maintain, restore, and grow the value of the natural assets and the production of ecosystem services in the area, or to carry out activities that do not cause any material adverse impact on the condition of the natural assets and replenish the natural resources used in the area.
Committee Categories
Business and Industry
Sponsors (36)
Mark Green (R)*,
Jim Baird (R),
Jim Banks (R),
Cliff Bentz (R),
Dan Bishop (R),
Lauren Boebert (R),
Mike Bost (R),
Tim Burchett (R),
Ben Cline (R),
Michael Cloud (R),
Eli Crane (R),
John Curtis (R),
Warren Davidson (R),
Byron Donalds (R),
Chuck Edwards (R),
Ron Estes (R),
Michelle Fischbach (R),
Russ Fulcher (R),
Michael Guest (R),
Harriet Hageman (R),
Clay Higgins (R),
Richard Hudson (R),
Darrell Issa (R),
Doug Lamborn (R),
Tracey Mann (R),
Mary Miller (R),
John Moolenaar (R),
Alex Mooney (R),
Dan Newhouse (R),
Ralph Norman (R),
Andy Ogles (R),
Matt Rosendale (R),
Keith Self (R),
Pete Sessions (R),
Pete Stauber (R),
Ryan Zinke (R),
Last Action
Referred to the House Committee on Financial Services. (on 02/29/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Securities and Commodities Regulation
Public Lands and Water Management
- ‐ General Public Lands
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/7494/all-info | 03/01/2024 |
| BillText | https://www.congress.gov/118/bills/hr7494/BILLS-118hr7494ih.pdf | 03/05/2024 |
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