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ND HB1468

Bill

Status

Passed

4/4/2013

Primary Sponsor

Thomas Beadle

Click for details

Origin

House of Representatives

63rd Legislative Assembly

AI Summary

  • Amends section 40-57-02 of the North Dakota Century Code to expand the definition of "project" eligible for municipal industrial development bonds.

  • Explicitly includes water and sewer lines and other underground infrastructure as eligible project components.

  • Maintains existing categories of eligible projects including manufacturing, agricultural processing, warehousing, distribution, child care, healthcare facilities, environmental pollution control, and public career and technical education.

  • Adds catch-all provision allowing any other industry or business not prohibited by North Dakota constitution or laws to qualify for bond funding.

  • Excludes undertakings defined in chapter 40-35 unless specifically referred to in this subsection.

Legislative Description

Authorized municipal industrial development bond projects.

Last Action

Signed by Governor 04/03

4/4/2013

Committee Referrals

Industry, Business, and Labor1/21/2013

Full Bill Text

No bill text available