Loading chat...
ND HB1014
Bill
AI Summary
-
Appropriates $205,757,447 in total funds ($25,731,641 general fund and $180,025,806 special funds) to the state industrial commission and its agencies for the biennium July 1, 2011 through June 30, 2013.
-
Allocates funds to five subdivisions: Industrial Commission ($63.8 million), Bank of North Dakota Operations ($46.9 million), Bank of North Dakota Economic Development ($9.4 million), Mill and Elevator Association ($47.1 million), and Housing Finance Agency ($38.6 million).
-
Designates $25,389,733 for bond payments to various state agencies including universities, Department of Corrections, state health department, and information technology systems.
-
Establishes contingent funding of $743,972 from the permanent oil tax trust fund for the oil and gas division, conditional on drilling rig counts exceeding specified thresholds (180 and 190 rigs).
-
Appropriates $1,500,000 for independent lignite marketing feasibility studies and authorizes emergency measure funding of $532,000 for carbon dioxide storage facility administration with goal of obtaining Class VI primacy for carbon dioxide storage in North Dakota.
Legislative Description
A BILL for an Act to provide an appropriation for defraying the expenses of the state industrial commission and the agencies under the management of the industrial commission; to provide legislative intent; to provide for a legislative management study; to provide an appropriation; to provide a contingent appropriation; to authorize transfers; and to declare an emergency.
Last Action
Filed with Secretary Of State 05/09
5/20/2011