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ND HB1384
Bill
Status
2/9/2011
Primary Sponsor
Robert Skarphol
Click for details
AI Summary
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Allows two or more political subdivisions under joint powers agreements (chapters 54-40 or 54-40.3) to convert existing joint powers entities into commerce authorities by executing a joint agreement and obtaining secretary of state approval.
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Requires governing bodies of participating political subdivisions to appoint at least five commissioners for converted commerce authorities.
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Grants commerce authorities the power of eminent domain to acquire rights-of-way and other property interests necessary to carry out duties, with landowners having the right to appeal takings within thirty days to district court.
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Permits commerce authorities formed by conversion to issue bonds and refinance existing obligations of participating political subdivisions that were incurred for the benefit of the converted joint powers entity.
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Declares the act an emergency measure.
Legislative Description
Conversion of joint powers entities to commerce authorities and additional powers of commerce authorities; and to declare an emergency.
Last Action
Reported back, do not pass, placed on calendar 7 0 0
4/1/2011