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ND SB2214
Bill
Status
4/18/2025
Primary Sponsor
Dale Patten
Click for details
AI Summary
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Transfers all duties of the securities commissioner to the insurance commissioner, eliminating the separate securities commissioner position that was previously a governor-appointed, senate-confirmed four-year term
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Amends definitions across multiple North Dakota Century Code chapters to replace "securities commissioner" and "securities department" with "insurance commissioner" and "insurance department"
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Directs the office of management and budget to transfer all appropriated amounts and full-time equivalent positions from the securities department to the insurance commissioner for the 2025-2027 biennium
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Removes the securities department from the list of state agencies required to obtain centralized desktop support services from the information technology department
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Effective July 1, 2025, and declared an emergency measure; passed Senate 40-6 and House 88-1
Legislative Description
The insurance commissioner assuming the duties of the securities commissioner; to provide for a transfer; to provide an effective date; and to declare an emergency.
Last Action
Filed with Secretary Of State 04/17
4/21/2025