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ND HB1022
Bill
Status
5/2/2025
Primary Sponsor
Appropriations
Click for details
AI Summary
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Appropriates $16,547,594 in special funds to the Retirement and Investment Office for the 2025-27 biennium, a $5,064,090 increase over the base level of $11,483,504
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Authorizes 35 full-time equivalent positions, adding 1 new FTE to the current 34 positions
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Includes $250,000 in one-time funding for information technology consulting, which will not be included in the 2027-29 base budget
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Establishes a $470,466 new and vacant FTE pool that requires Office of Management and Budget approval before funds can be transferred to salaries and wages
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Passed the House 83-10 and Senate 41-6
Legislative Description
AN ACT to provide an appropriation for defraying the expenses of the retirement and investment office.
Last Action
Filed with Secretary Of State 05/02
6/11/2025