118th Congress · SENATE BILLBILL

S. 3840Protect America’s Lands Act

A bill to amend the Securities Exchange Act of 1934 to prohibit exchanges from effecting transactions in securities issued by natural asset companies, and for other purposes.

Finance and financial sector
Introduced Feb 29, 2024
Last action Feb 29, 2024
Pipeline · Bill → Law
Step 1
Introduced
Feb 29, 2024
Step 2
Referred
Feb 29, 2024
Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill prohibits national securities exchanges from allowing the trade of securities issued by natural asset companies. Natural asset companies are companies that oversee land for conservation, restoration, or for the sustainable management of the natural resources and ecosystem services on that land.

Provisions · 2 sectionsIntroduced in Senate
Timeline · 2 actions
Feb 29, 2024
Introduced in Senate
Feb 29, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.