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ND SB2124
Bill
Status
Passed
3/23/2017
Primary Sponsor
Government and Veterans Affairs Committee
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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