,,ii  #aahth ,,congress  #b;d ,session  
,s4 #chdj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,february #bi1 
#bjbd,ms4 ,lummis 7for herself1 ,mr4    
,barrasso1 ,mr4 ,risch1 ,mr4 ,ricketts1 
,mr4 ,marshall1 ,mr4 ,lee1 ,mr4 ,cotton1
 ,mr4 ,crapo1 ,mr4 ,sullivan1 ,mr4      
,lankford1 and ,mr4 ,cruz7 introduced   
the following bill2 which was read twice
 and referred to the ,committee on      
,banking1 ,housing1 and ,urban ,affairs 
,a ,,bill  ,to amend the ,securities    
,exchange ,act of #aicd to prohibit     
exchanges from effecting transactions in
 securities issued by natural asset     
companies1 and for other purposes4  #a4 
,short title ,this ,act may be cited as 
the ,protect ,america's ,lands ,act4    
#b4 ,prohibition with respect to        
effecting transactions in securities    
issued by natural asset companies       
,section #f of the ,securities ,exchange
 ,act of #aicd 7#ae ,u4,s4,c4 #gh;f7 is 
amended by adding at the end the        
following3  7m7 ,prohibition with       

respect to effecting transactions in    
securities issued by natural asset      
companies  7#a7 ,definition ,in this    
subsection1 the term natural asset      
company-- 7,a7 means a company-- 7i7    
that holds the rights to the ecological 
performance 7including value from       
natural assets and the production of    
ecosystem services7 of a defined land   
area and has the authority to manage    
that area for conservation1 restoration1
 or sustainable management2 and  7ii7   
the primary purpose of which1 with      
respect to the defined land area        
described in clause 7i71 is to-- 7,i7   
manage1 maintain1 restore1 and grow the 
value of natural assets and the         
production of ecosystem services in the 
area2 or  7,,ii7 carry out activities   
that do not cause any material adverse  
impact on the condition of the natural  
assets in the area and replenish the    
natural resources used in the area2 and 
7,b7 includes any company that controls1
 is controlled by1 or is under common   

control with a company described in     
subparagraph 7,a74  7#b7 ,prohibition   
,it shall be unlawful for a national    
securities exchange registered under    
subsection 7b7 to effect a transaction  
in a security issued by a natural asset 
company4  4