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.
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.
Bill status
failed
2 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Feb 2025
Senate Failed
Feb 2025
Governor
Introduced Jan 27, 2025
Last action Feb 24, 2025
Floor votes · Senate Feb 24, 2025
How they voted
0–47
Failed
Total votes 47
Feb 24, 2025
D
Democratic5
100% Nay
R
Republican42
100% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
8
Key actions
4
Committee
5
Feb 24, 2025
Vote failed
Senate Vote: fail (0-47)
senate
Feb 20, 2025
Upper · Passed
Reported back, do not pass, placed on calendar 16 0 0
upper
Feb 11, 2025
Upper · Passed
Committee Hearing 02:00
upper
Feb 6, 2025
Committee
Rereferred to Appropriations
upper
Feb 6, 2025
Upper · Passed
Reported back, do pass 3 0 2
upper
Feb 3, 2025
Upper · Passed
Committee Hearing 10:30
upper
Jan 27, 2025
Introduced
Introduced, first reading, (emergency), referred Industry and Business Committee
upper
1 primary · 5 co-sponsors
Sponsors
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