Loading chat...
ND SB2020
Bill
Status
6/16/2015
Primary Sponsor
Appropriations Committee
Click for details
AI Summary
SB 2020 Summary
-
Appropriates $1,124,935,836 from special funds to the state water commission for expenses during the 2015-17 biennium, including $1,119,400,218 for water and atmospheric resources.
-
Allocates $69,000,000 for Fargo flood control projects and $60,000,000 for Fargo interior flood control projects, with state provision of one-half of local cost-share and total funding not to exceed $570,000,000.
-
Authorizes state water commission to obtain a $56,000,000 loan from Bank of North Dakota for bond repayment and establishes a $200,000,000 line of credit at 1.75% interest rate.
-
Establishes cost-share policy allowing grants up to 75% of eligible water project costs and mandates quarterly water topics overview committee meetings to oversee water project priorities and policy development.
-
Designates $414,000,000 for flood control, general water, rural water, and municipal water projects, with provisions for the Red River valley water supply project ($150,000,000 per biennium beginning July 1, 2017).
Legislative Description
The water topics overview committee; to provide legislative intent; to designate funding; to provide contingent allocations; to provide for a report to the legislative assembly; to provide for legislative management reports; to provide for a legislative management study; to provide for a state water commission study; and to declare an emergency.
Last Action
Signed by Governor 05/12
6/16/2015