AN ACT to repeal sections 54-27-21 and 54-27-21.1 of the North Dakota Century Code, relating to fixed asset minimum reporting value and documentation of asset acquisitions; and to declare an emergency.

HB 1081 removes outdated reporting requirements for fixed assets held by North Dakota state agencies. It repeals specific sections of the Century Code that previously mandated minimum reporting values and documentation for asset acquisitions. This simplifies administrative processes for state entities by eliminating those specific record-keeping obligations. The bill became law after the Governor signed it on March 17, 2025.