HB291 is a bill in the Utah Legislature (2026 General Session): Security and Land Restriction Amendments.

What is the status of HB291?

Signed into law as of March 24, 2026. Latest action: Governor Signed (March 24, 2026).

Pierucci, Candice B. (R, 49), with 11 co-sponsors.

Where is the official record for HB291?

On the Utah Legislature website: https://le.utah.gov/~2026/bills/static/HB0291.html

Utah legislation · 2026 General Session

Utah HB291: Security and Land Restriction Amendments

Q: What does HB291 do?

In its own words: To Amend the NYSE Listed Company Manual To Adopt Listing Standards for Natural Asset Companies, 88 Fed. Reg. 68811, published October 4, 2023. (b) "Natural asset company" includes a company that is substantially similar to a company described in Subsection (6)(a) . (7) "Restricted foreign entity" means: (a) a company that the United States Secretary of Defense is required to identify and report as a military company under Section 1260H of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021, Pub. L. No. 116-283; (b) an entity that is owned or directly control.

Status: Signed into law, March 24, 2026

This bill amends provisions dealing with the sale of land to restricted foreign entities.

What the bill says

To Amend the NYSE Listed Company Manual To Adopt Listing Standards for Natural Asset Companies, 88 Fed. Reg. 68811, published October 4, 2023. (b) "Natural asset company" includes a company that is substantially similar to a company described in Subsection (6)(a) . (7) "Restricted foreign entity" means: (a) a company that the United States Secretary of Defense is required to identify and report as a military company under Section 1260H of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021, Pub. L. No. 116-283; (b) an entity that is owned or directly control.

From the enrolled text, February 26, 2026:

To Amend the NYSE Listed Company Manual To Adopt Listing Standards for Natural Asset Companies, 88 Fed. Reg. 68811, published October 4, 2023. (b) "Natural asset company" includes a company that is substantially similar to a company described in Subsection (6)(a) . (7) "Restricted foreign entity" means: (a) a company that the United States Secretary of Defense is required to identify and report as a military company under Section 1260H of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021, Pub. L. No. 116-283; (b) an entity that is owned or directly controlled by the government of China, Iran, North Korea, or Russia owns or directly controls ; (c) an affiliate, subsidiary, or holding company of an entity described in Subsection (7)(a) or (b) ; (d) a country with a commercial or defense industrial base of which an entity described in Subsection (7)(a) , (b), or (c) is a part; (e) a state, province, region, prefecture, subdivision, or municipality of a country described in Subsection (7)(d) ; (f) an agency, bureau, committee, or department of a country described in Subsection (7)(d) ; or (g) any an entity in which any an entity described in Subsections (7)(a) through (f) maintains at least a 51% 25% ownership interest. Section 2. Section 63L-13-201 is amended to read: 63L-13-201 . …

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Utah HB291: Security and Land Restriction Amendments

What the bill says

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