Bill
SB 2372
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.
69th Legislative Assembly (2025-26)
Introduced by Brad Bekkedahl and 5 co-sponsors
Establishes a legacy earnings fund with 8% of the Legacy Fund’s 5-year average, directing funds to debt service, tax relief, transportation, and other priorities.
Second reading, failed to pass, yeas 0 nays 47