Bill > HB0093

This bill creates a new legal definition and regulation for "natural asset companies" (NACs) in Wyoming, specifically those with conservation interests in Wyoming land. A natural asset company is defined as an entity that holds conservation interests in Wyoming land and has the primary purpose of managing, maintaining, restoring, and growing the value of natural assets and ecosystem services, or carrying out activities that do not negatively impact natural resources. The bill prohibits these Wyoming-based natural asset companies from selling their credits through national securities exchanges, though they can still sell credits from land held outside of Wyoming. This restriction effectively limits the ability of NACs to trade their ecosystem or conservation credits on major stock exchanges when those credits are tied to Wyoming land. The act will apply to natural asset companies with Wyoming conservation interests starting from its effective date, which is immediate upon completing the necessary legislative procedures for a bill to become law in Wyoming.

Agriculture and Natural Resources

Agriculture, State and Public Lands and Water Resources (J)

https://www.wyoleg.gov/Legislation/2025/HB0093