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HB1435Introduced in the House

Legacy fund definitions and a legacy earnings fund; to provide an effective date; and to declare an emergency.

Introduced

Introduced by Keith Kempenich, District 39

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

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.

Where it stands

Second reading, failed to pass, yeas 4 nays 87

February 12, 2025

How did lawmakers vote?

HouseStage: House Second reading · February 12, 2025

4

Yes

87

No

3

Absent or Not Voting

94 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

See how each representative voted

Bill history

  1. Introduced, first reading, (emergency), referred to Finance and Taxation

  2. Committee Hearing 10:30 (Finance and Taxation)

  3. Reported back, do not pass, placed on consent calendar 13 0 1

  4. Second reading, failed to pass, yeas 4 nays 87

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