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ND HB1512
Bill
Status
Passed
11/12/2021
Primary Sponsor
Mike Nathe
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AI Summary
- Increases advisory board membership from two to three members each from the senate and house of representatives, appointed by respective majority leaders
- Adds insurance commissioner or designee and state treasurer or designee as board members, replacing previous director of office of management and budget requirement
- Requires board to select a chairman from senate or house members for no more than one consecutive year
- Modifies board's process for selecting nonvoting state investment board member to exclude current state investment board members
- Becomes effective December 1, 2021
Legislative Description
The legacy and budget stabilization fund advisory board; to provide for the selection of a chairman; and to provide for an effective date.
Last Action
Signed by Governor 11/12
11/12/2021
Committee Referrals
Technical Corrections Committee11/8/2021
Full Bill Text
No bill text available