Protect America’s Lands Act

HR 7494, the Protect America’s Lands Act, prohibits national securities exchanges from processing transactions involving stocks issued by companies primarily managing land for conservation. It defines "natural asset companies" as those holding rights to ecological performance of specific land areas, with their core purpose being to conserve, restore, or sustainably manage natural assets without causing material harm. The bill directly affects securities exchanges and these specific companies by banning exchange-based trading of their securities. This is a regulatory change to the Securities Exchange Act of 1934, focusing on financial market rules rather than direct land management policies.