HB 1555 North Dakota House · 69th Legislative Assembly (2025-26)

A BILL for an Act to create and enact a new section to chapter 54-09 of the North Dakota Century Code, relating to statements of ownership filed with the secretary of state; and to provide a penalty.

HB 1555 would require certain businesses and organizations to file statements of ownership with the North Dakota Secretary of State. The bill establishes a new legal requirement for these filings and specifies penalties for failing to submit them or providing false information. This directly affects entities that must disclose their ownership structure to the state, such as corporations or limited liability companies. The key mechanism creates a mandatory filing process with defined penalties for non-compliance under North Dakota law.
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2025
House Passage
Feb 2025
Senate Failed
Apr 2025
Governor
Introduced Jan 20, 2025 Last action Apr 7, 2025
Maddy AI version diff · 1 comparison

What changed between versions

INTRODUCED FIRST ENGROSSMENT · 5 edits
MODERATE
This bill fundamentally changes its purpose from regulating foreign agricultural land investments to regulating foreign organization ownership disclosures. The new version creates a requirement for organizations to file statements with the secretary of state certifying whether they are foreign organizations of concern, replacing the previous focus on agricultural land investment reporting.
Scope change
The bill's scope shifted from agricultural land investment reporting (chapter 47-10.1) to general organization ownership statements (chapter 54-09)
SCOPE

Removed all provisions related to foreign persons investing in agricultural lands and reporting to the agriculture commissioner

REQUIREMENT

Added requirement for organizations to file statements certifying whether they are foreign organizations of concern simultaneously with registration documents

DEFINITION

Added new definitions for 'foreign country of concern' and 'foreign organization of concern' based on federal sanctions lists

ENFORCEMENT

Changed enforcement from agriculture commissioner oversight to secretary of state forwarding violations to attorney general for prosecution

TIMELINE

Removed contingent effective date tied to repeal of Agricultural Foreign Investment Disclosure Act

Floor votes · Senate Apr 7, 2025 · House Feb 18, 2025

How they voted

344
Failed
Total votes 47
Apr 7, 2025
D Democratic5
1 Yea 4 Nay
80% Nay
R Republican42
2 Yea 40 Nay
95% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
11
Key actions
6
Committee
4
Apr 7, 2025
Vote failed
Senate Vote: fail (3-44)
senate
Apr 4, 2025
Upper · Passed
Reported back, do not pass, placed on calendar 5 0 1
upper
Mar 20, 2025
Upper · Passed
Committee Hearing 10:45
upper
Feb 20, 2025
Introduced
Introduced, first reading, referred State and Local Government Committee
upper
Feb 18, 2025
Lower · Passed
Second reading, passed, yeas 56 nays 35
lower
Feb 17, 2025
Lower · Passed
Amendment adopted, placed on calendar
lower
Feb 14, 2025
Lower · Passed
Reported back amended, do pass, amendment placed on calendar 10 1 3
lower
Feb 7, 2025
Lower · Passed
Committee Hearing 08:30
lower
Jan 20, 2025
Introduced
Introduced, first reading, referred Agriculture Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jeff Hoverson
Jeff Hoverson
RRepublican
ND
3