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ND SB2015
Bill
Status
6/16/2015
Primary Sponsor
Appropriations Committee
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AI Summary
SB 2015 Summary
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Appropriates $47.8 million total funds ($36.3 million general fund) to the Office of Management and Budget for the 2015-17 biennium for salaries, operating expenses, capital assets, grants, and health insurance pool.
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Transfers $657 million from the tax relief fund to the general fund and $18 million from general fund to highway fund for transportation investments during 2015-17.
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Establishes contingent appropriations of up to $91.85 million for higher education capital projects (Valley City State University fine arts building and North Dakota State University Dunbar Hall) contingent on revenue benchmarks being met.
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Creates market equity salary adjustment pools totaling $4.49 million for targeted state agencies and energy development impact funding pool of $7.965 million for employee housing and temporary salary increases.
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Amends retirement plan provisions including allowing defined contribution plan members to elect transfer to defined benefit plan during a three-month period beginning February 1, 2016, and modifies retirement benefit calculations for employees first enrolled after December 31, 2015.
Legislative Description
Duties of the office of management and budget as to the school fund and contingent appropriations for higher education capital projects; to provide an exemption; to provide for various transfers and contingent transfers; to provide statements of legislative intent; to provide for legislative management studies and reports; to provide for budget section reports; to provide an effective date; and to declare an emergency.
Last Action
Signed by Governor, but item veto 05/13
6/16/2015