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ND HB1081

Bill

Official Source

Status

Passed

3/18/2025

Primary Sponsor

Government and Veterans Affairs

Click for details

Origin

House of Representatives

69th Legislative Assembly

AI Summary

  • Repeals Section 54-27-21 of the North Dakota Century Code regarding fixed asset minimum reporting value requirements
  • Repeals Section 54-27-21.1 concerning documentation requirements for asset acquisitions
  • Declared an emergency measure, meaning it takes effect immediately upon approval rather than waiting for the standard effective date
  • Requested by the Office of Management and Budget to streamline state financial reporting procedures
  • Passed unanimously in both chambers: House vote 93-0, Senate vote 47-0

Legislative Description

Fixed asset minimum reporting value and documentation of asset acquisitions; and to declare an emergency.

Last Action

Filed with Secretary Of State 03/18

3/19/2025

Committee Referrals

Finance and Taxation2/5/2025
Government and Veterans Affairs1/7/2025

Full Bill Text

No bill text available