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 subsection 1 of section 21-10-06 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.
Summary
Relating to a legacy earnings fund; to amend and reenact subsection 1 of section 21‑10‑06 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.
Bill status
failed
2 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Feb 2025
House Failed
Feb 2025
Governor
Introduced Jan 15, 2025
Last action Feb 12, 2025
Floor votes · House Feb 13, 2025
How they voted
4–85
Failed · 3 other
Total votes 92
Feb 13, 2025
D
Democratic11
100% Nay
R
Republican81
91% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
5
Key actions
2
Committee
2
Feb 13, 2025
Vote failed
House Vote: fail (4-85-3)
house
Feb 10, 2025
Lower · Passed
Reported back, do not pass, placed on consent calendar 13 0 1
lower
Feb 5, 2025
Lower · Passed
Committee Hearing 10:30
lower
Jan 15, 2025
Introduced
Introduced, first reading, (emergency), referred Finance and Taxation Committee
lower
1 primary · 4 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 1435
Scope: ND
Hi! I can help you understand HB 1435. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline