This bill establishes regulations for natural asset companies in Wyoming, defining such companies as those that hold conservation easements or manage ecological performance rights over specific land areas within the state. The primary objectives of these companies include managing and enhancing the value of natural assets and ecosystem services, as well as conducting activities that do not negatively impact the natural resources in their designated areas.

A key provision of the bill prohibits natural asset companies with conservation easements or defined land areas entirely within Wyoming from selling their credits through national securities exchanges. However, these companies are allowed to sell credits if they have holdings outside of Wyoming. The bill is set to take effect immediately upon the completion of the necessary legislative processes.