HB 1080 Summary

• Appropriates $724,763,589 from special funds to the state water commission for the 2017-2019 biennium, including $5,660,639 for administrative services and $719,102,950 for water and atmospheric resources, reducing full-time positions from 97.00 to 96.00.

• Appropriates any additional funds that become available in the resources trust fund and water development trust fund to the state water commission for expenses during the 2017-2019 biennium.

• Exempts funding for grants and water-related projects from the two-year carryover restriction, allowing unexpended funds to remain available for two years after June 30, 2017, then transfers remaining amounts back to their respective trust funds.

• Amends the infrastructure revolving loan fund statute to suspend new allocations when the fund balance reaches $10 million and resume allocations if the balance falls below $7 million, with loans made at 1.5% interest and a 0.5% annual Bank of North Dakota administration fee.

• Prioritizes water projects ineligible for state revolving loans to receive funding from the infrastructure revolving loan fund.