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ND HCR3022
Concurrent Resolution
Status
1/30/2025
Primary Sponsor
David Richter
Click for details
AI Summary
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Directs Legislative Management to study whether political subdivisions (local governments) should be permitted to invest in cryptocurrency stablecoins
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Study must examine feasibility and desirability of such investments, including security, risk management, transparency, compliance, oversight, custodian selection, and internal controls
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Requires input from stakeholders including representatives from political subdivisions
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Findings and recommendations, along with any implementing legislation, to be reported to the 70th Legislative Assembly
Legislative Description
A concurrent resolution directing the Legislative Management to consider studying political subdivisions making investments in stablecoins.
Last Action
Second reading, failed to adopt yeas 15 nays 75
2/17/2025