Natural asset companies prohibition.

HB 177 prohibits natural asset companies from operating in Wyoming. These companies, defined as SEC-recognized entities managing natural or agricultural lands for conservation, are barred from managing any federal, state, or private land within the state. The bill also stops conservation easement holders from using these companies via credits and bans the state treasurer from investing in them. It takes effect July 1, 2024, directly impacting natural asset companies, conservation groups using such structures, and state financial decisions.