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ND HB1400
Bill
Status
1/19/2015
Primary Sponsor
Curt Hofstad
Click for details
AI Summary
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State water commission shall create and administer a terminal lake assistance program to purchase land under Devils Lake that was taken from owners due to increased navigable water creating sovereign lands.
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Federal matching funds cannot exceed the lesser of 50% of total purchase price, $400 per acre for previous crop or hay land, or $200 per acre for previous pasture or grazing land.
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Funding must be equitably distributed among applicants who own eligible land under the federal program, with total purchase price not exceeding fair market value of the land had it not been flooded.
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State water commission authorized to use up to $25,000,000 from the water and atmospheric resources line of Senate Bill No. 2020 for this program.
Legislative Description
A BILL for an Act to provide for the purchase of inundated land under a terminal lake.
Last Action
Second reading, failed to pass, yeas 1 nays 92
2/9/2015