ND SB2020

Appropriates $862,357,267 in special funds to the department of water resources for the 2023-25 biennium, including $316,200,000 for water supply grants, $115,700,000 for flood control projects, and $275,783,950 for capital assets.

Transfers $100,000,000 from Bank of North Dakota profits to the water infrastructure revolving loan fund to provide local cost-share loans for state water commission-approved projects.

Extends Bank of North Dakota line of credit to $101,000,000 (increased from $51,000,000) at prevailing interest rates for the department of water resources to access funding for northwest area water supply and southwest pipeline projects through June 30, 2025.

Appropriates $2,000,000 to parks and recreation department for developing recreation opportunities on sovereign lands, requiring 1:1 matching funds from grant recipients.

Sets legislative intent caps of $953,000,000 for Red River water supply project and $380,500,000 for Mouse River flood control project, with specific resource trust fund allocations through June 30, 2025.