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ND SB2124

Bill

Status

Passed

3/23/2017

Primary Sponsor

Government and Veterans Affairs Committee

Click for details

Origin

Senate

65th Legislative Assembly

AI Summary

  • Amends section 6-09-38.1 of the North Dakota Century Code to clarify the Bank of North Dakota's authority to administer, manage, promote, and market the North Dakota achieving a better life experience plan.
  • Requires the Bank to maintain the plan in compliance with internal revenue service standards for qualified state disability expense programs.
  • Authorizes the Bank to impose annual administrative fees to recover operation expenses, with fees appropriated to the Bank on a continuing basis.
  • Establishes that money and assets in North Dakota achieving a better life experience plan accounts or qualified achieving a better life experience plan accounts in any state cannot be considered when determining eligibility for or the amount of assistance or benefits from local or state means-tested programs.

Legislative Description

The achieving a better life experience plan.

Last Action

Signed by Governor 03/22

3/23/2017

Committee Referrals

Government and Veterans Affairs1/3/2017

Full Bill Text

No bill text available