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ND SB2003
Bill
Status
4/26/2021
Primary Sponsor
Appropriations Committee
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AI Summary
SB 2003 Summary
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Appropriates $2.616 billion in all funds ($686.6 million general fund) to the North Dakota university system for the 2021-23 biennium, supporting 15 institutions including universities, state colleges, and the forest service.
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Creates a university system capital building fund with a continuing appropriation and transfers $19 million from the strategic investment and improvements fund, with allocated amounts distributed across institutions for Tier II and Tier III capital projects.
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Modifies the higher education funding formula by changing career and technical education credit factors from a single 2.0 factor to differentiated rates (3.0 for lower division, 5.0 for upper division) and adjusts credit completion factors for institutions with lower enrollment levels.
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Authorizes specific capital projects totaling $334.5 million, including $51.2 million for North Dakota State University's Dunbar Hall, $79 million for University of North Dakota's Merrifield and Twamley halls, and $85 million for agriculture products development centers.
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Directs three legislative management studies on student affordability, higher education funding stabilization, and funding formula review to be completed during the 2021-22 interim and reported to the 68th legislative assembly.
Legislative Description
The eligibility of the university of North Dakota school of medicine and health sciences to receive a matching grant for the advancement of academics and the institutional size factor of the higher education funding formula; to provide for a transfer; to provide for a report; to provide an exemption; to provide for a study; to provide a statement of legislative intent; to provide a continuing appropriation; and to declare an emergency.
Last Action
Signed by Governor 04/26
4/26/2021