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ND SB2223

Bill

Status

Introduced

1/11/2019

Primary Sponsor

Judy Lee

Click for details

Origin

Senate

66th Legislative Assembly

AI Summary

  • Creates a new health and human services stabilization fund in the state treasury to receive deposits from oil extraction tax revenues and other legislative appropriations.

  • Allows the governor to expend stabilization fund moneys only to offset general fund appropriations reductions for the state department of health and department of human services made by executive action due to revenue shortage.

  • Permits the legislature to appropriate or transfer any excess stabilization fund balance exceeding 15 percent of the most recently completed biennium's general fund appropriation for health and human services for health-related and human services-related purposes.

  • Allocates 5 percent of oil extraction tax development fund revenues to the health and human services stabilization fund (effective after July 31, 2019), reducing the general fund allocation from 30 percent to 25 percent.

  • Changes the energy conservation grant fund transfer limit from $200,000 to $1.2 million per biennium (effective after July 31, 2019).

Legislative Description

Allocation of moneys in the oil extraction tax development fund; and to provide a continuing appropriation.

Last Action

Second reading, failed to pass, yeas 12 nays 33

1/31/2019

Committee Referrals

Finance and Taxation1/11/2019

Full Bill Text

No bill text available