SB 2372 ND
A BILL for an Act to create and enact a new section to chapter 54-27 of the North Dakota Century Code, relating to a legacy earnings fund; to amend and reenact section 6-09.4-10.1, subsection 1 of section 21-10-06, and section 54-27-19.3 of the North Dakota Century Code, relating to funds invested by the state investment board; to repeal sections 21-10-12 and 21-10-13 of the North Dakota Century Code, relating to legacy fund definitions and a legacy earnings fund; to provide an effective date; and to declare an emergency.
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Summary
Relating to a legacy earnings fund; to amend and reenact section 6‑09.4‑10.1, subsection 1 of section 21‑10‑06, and section 54‑27‑19.3 of the North Dakota Century Code, relating to funds invested by the state investment board; to repeal sections 21‑10‑12 and 21‑10‑13 of the North Dakota Century Code, relating to legacy fund definitions and a legacy earnings fund; to provide an effective date; and to declare an emergency.
Sponsor (1)
- Brad Bekkedahl Republican · primary
5 coauthors / cosponsors
- David Hogue Republican · cosponsor
- Mike Lefor Republican · cosponsor
- Dale Patten Republican · cosponsor
- Dean Rummel Republican · cosponsor
- Don Vigesaa Republican · cosponsor
Action history (7)
- Jan 27, 2025 Introduced, first reading, (emergency), referred Industry and Business Committee · upper
- Feb 3, 2025 Committee Hearing 10:30 · upper
- Feb 6, 2025 Reported back, do pass 3 0 2 · upper
- Feb 6, 2025 Rereferred to Appropriations · upper
- Feb 11, 2025 Committee Hearing 02:00 · upper
- Feb 20, 2025 Reported back, do not pass, placed on calendar 16 0 0 · upper
- Feb 24, 2025 Second reading, failed to pass, yeas 0 nays 47 · upper
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