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ND SB2121
Bill
AI Summary
- Repeals chapter 6-09.6 of the North Dakota Century Code relating to the developmentally disabled facility loan program
- Directs the Department of Human Services executive director to sell loans from the developmentally disabled facility revolving loan fund to the Bank of North Dakota
- Bank of North Dakota shall provide $1,293,211, or such amount as necessary, from the loan sale proceeds
- Requires deposit of all proceeds from the loan sale into the common schools trust fund
- Passed Senate 45-0 (2 absent) and House 89-1 (4 absent) during the 2011 regular session
Legislative Description
The developmentally disabled facility loan program; and to provide for the sale of loans and transfer of proceeds to the common schools trust fund.
Last Action
Filed with Secretary Of State 04/19
4/20/2011
Committee Referrals
Industry, Business, and Labor2/23/2011
Health and Human Services1/4/2011
Full Bill Text
No bill text available