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House rejects bill to ban 'natural asset companies' after sponsor calls them a threat to property rights
2238617 · February 6, 2025
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Summary
House Bill 11-07, which would have prohibited so-called natural asset companies (NACs), failed on the floor after the prime sponsor argued NACs could privatize public lands and restrict traditional uses.
House Bill 11-07, an act to prohibit natural asset companies (NACs), failed to receive a majority on the House floor. Sponsor Representative Alk described NACs as corporate structures that could buy rights to natural areas and permanently restrict resource production, and urged colleagues to vote to protect property rights and…
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