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ND HB1130

Bill

Official Source

Status

Introduced

1/3/2019

Primary Sponsor

Vernon Laning

Click for details

Origin

House of Representatives

66th Legislative Assembly

AI Summary

  • Amends section 37-14-14 of the North Dakota Century Code regarding the veterans' postwar trust fund
  • Authorizes the administrative committee on veterans' affairs to establish goals and objectives for fund expenditures and communicate recommendations to the state treasurer
  • Requires the state treasurer to consider the committee's goals and objectives when investing the fund for the benefit of veterans
  • Maintains that all investment income must be used only for programs benefiting veterans or their dependents
  • Appropriates investment income earned in each biennium to the administrative committee on a continuing basis in the following biennium for authorized veteran programs

Legislative Description

The authority of the administrative committee on veterans' affairs to establish goals and objectives for expenditures of the veterans' postwar trust fund.

Last Action

Second reading, failed to pass, yeas 1 nays 91

1/23/2019

Committee Referrals

Government and Veterans Affairs1/3/2019

Full Bill Text

No bill text available