This bill bans South Dakota from doing business with or investing in "natural asset companies"—entities that hold rights to manage natural resources like soil quality, water, and biodiversity for profit. The state cannot give these companies any ownership stake or management rights over public lands or resources, and cannot use any state money to invest in them. This creates a new prohibition where none currently exists in South Dakota law.
AI-generated summary
This bill does not directly amend codified state law.
Commerce and Energy Deferred to the 41st legislative day Passed, YEAS 7, NAYS 6.
Commerce and Energy Motion to amend
Commerce and Energy Scheduled for hearing
House of Representatives Referred to House Commerce and Energy H.J. 237
First Reading House H.J. 220
Prime sponsor · Rep
R
Dist. HD-018
cosponsor · Sen
R
Dist. SD-003
cosponsor · Rep
R
Dist. HD-028
Deferred to the 41st legislative day
Deferred to the 41st legislative day