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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 land in the State of Utah.
3/26/2025, 2:04 AM
Summary of Bill HR 2063
Bill 119 HR 2063, also known as the "Utah Natural Assets Protection Act," aims to prevent natural asset companies from making agreements regarding land or natural resources in the state of Utah. The bill specifically targets companies that deal with natural assets such as minerals, water, or wildlife.
If passed, this legislation would prohibit these companies from entering into any agreements related to land or natural assets within the state of Utah. This means that they would not be able to buy, sell, or lease any land or resources in Utah for commercial purposes.
The goal of this bill is to protect the natural beauty and resources of Utah from exploitation by outside companies. Supporters of the bill argue that it is important to preserve the state's environment and prevent the depletion of its natural assets. Opponents of the bill may argue that it could potentially limit economic opportunities for companies looking to invest in Utah's natural resources. However, the primary focus of the bill is on conservation and protection of the state's natural assets. Overall, Bill 119 HR 2063 seeks to safeguard the land and natural resources of Utah by restricting the activities of natural asset companies within the state.
If passed, this legislation would prohibit these companies from entering into any agreements related to land or natural assets within the state of Utah. This means that they would not be able to buy, sell, or lease any land or resources in Utah for commercial purposes.
The goal of this bill is to protect the natural beauty and resources of Utah from exploitation by outside companies. Supporters of the bill argue that it is important to preserve the state's environment and prevent the depletion of its natural assets. Opponents of the bill may argue that it could potentially limit economic opportunities for companies looking to invest in Utah's natural resources. However, the primary focus of the bill is on conservation and protection of the state's natural assets. Overall, Bill 119 HR 2063 seeks to safeguard the land and natural resources of Utah by restricting the activities of natural asset companies within the state.
Read the Full Bill
Current Status of Bill HR 2063
Bill HR 2063 is currently in the status of Bill Introduced since March 11, 2025. Bill HR 2063 was introduced during Congress 119 and was introduced to the House on March 11, 2025. Bill HR 2063's most recent activity was Referred to the House Committee on Natural Resources. as of March 11, 2025
Bipartisan Support of Bill HR 2063
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2063
Primary Policy Focus
Alternate Title(s) of Bill HR 2063
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 land in the State of Utah.
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 land in the State of Utah.
Comments
Sponsors and Cosponsors of HR 2063
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