S.941 - 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. (119th Congress)
Summary
S.941 aims to prevent "natural asset companies" from entering into agreements related to land or natural assets within the state of Utah. The bill defines a "natural asset company" as a corporation holding rights to ecological performance of an area and managing it for conservation, restoration, or sustainable management. The bill explicitly prohibits these companies from making agreements concerning Utah lands or natural resources.
Expected Effects
The primary effect of this bill, if enacted, would be to restrict the activities of natural asset companies in Utah. This could potentially impact conservation efforts, land management practices, and economic activities related to natural resources within the state. It would give the state of Utah more control over its natural assets.
Potential Benefits
- Protects Utah's control over its natural resources.
- Prevents potential exploitation of Utah's natural assets by outside entities.
- Maintains local autonomy in land management decisions.
- Could align with the interests of residents who prioritize traditional uses of land and resources.
- May prevent unforeseen environmental consequences from novel management strategies.
Potential Disadvantages
- May hinder innovative conservation and restoration projects.
- Could limit economic opportunities related to sustainable management of natural assets.
- Potentially restricts the inflow of capital for environmental projects in Utah.
- May stifle the development of new approaches to environmental stewardship.
- Could be viewed as anti-business and discourage investment in Utah.
Most Disadvantaged Areas:
Constitutional Alignment
The bill appears to align with the Tenth Amendment, which reserves powers not delegated to the federal government to the states respectively, or to the people. This bill asserts Utah's right to regulate activities related to land and natural assets within its borders. There is nothing in the provided text that obviously violates the US Constitution.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).