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ND SB2001
Bill
Status
4/26/2019
Primary Sponsor
Appropriations Committee
Click for details
AI Summary
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Appropriates $4,492,106 from the general fund to the office of the governor for the 2019-2021 biennium, including salaries and wages, operating expenses, and one-time funding items totaling $204,808.
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Increases governor's annual salary to $135,364 through June 30, 2020, then to $138,748 thereafter, and lieutenant governor's annual salary to $105,285 through June 30, 2020, then to $107,917 thereafter.
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Creates the Theodore Roosevelt presidential library and museum endowment fund with continuing appropriation authority for fund interest and earnings to pay loan interest and provide grants to private entities constructing the presidential library.
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Appropriates $15,000,000 to the endowment fund during the period ending June 30, 2019, with $9,800,000 derived from unexpended previously appropriated funds for the presidential library.
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Authorizes the governor to obtain a loan from the Bank of North Dakota not exceeding $35,000,000 with a term not exceeding six years at prevailing governmental rates, with proceeds deposited in the endowment fund.
Legislative Description
Salary of the governor and lieutenant governor; to provide a continuing appropriation; to provide for a transfer; to authorize a loan; to provide an exemption; to provide for a report to the legislative assembly; to provide for a budget section report; and to declare an emergency.
Last Action
Signed by Governor 04/26
4/26/2019