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ND SB2188
Bill
Status
5/17/2025
Primary Sponsor
Dale Patten
Click for details
AI Summary
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Expands the Clean Sustainable Energy Authority from 17 to 18 members by adding the director of mineral resources (or designee) as a ninth nonvoting technical advisor
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Extends the deadline for the industrial commission to access and repay the Bank of North Dakota line of credit from June 30, 2025 to June 30, 2029
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Transfers $50 million from the strategic investment and improvements fund to the clean sustainable energy fund during the 2025-2027 biennium, with $10 million designated for grants and $40 million for line of credit repayment and loans
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Maintains the existing $390 million cap on the line of credit that the Bank of North Dakota extends to the industrial commission for clean sustainable energy loans and loan guarantees
Legislative Description
The membership of the clean sustainable energy authority and the clean sustainable energy fund line of credit; and to provide for a transfer.
Last Action
Filed with Secretary Of State 05/12
6/11/2025