ND SB2323

Creates a new hub city debt relief funding pool providing $10.5 million per fiscal year to help Williston (70.13%), Dickinson (19.94%), and Minot (9.93%) repay debt incurred between July 1, 2012, and December 31, 2025, related to oil and gas development impacts

Increases the abandoned oil and gas well plugging and site reclamation fund cap from $50 million to $100 million through June 30, 2027, then returns to $50 million

Modifies state general fund deposits from oil and gas taxes by increasing the first allocation from $230 million to $250 million and the second from $230 million to $250 million per biennium, while reducing the strategic investment and improvements fund allocation from $400 million to $360 million

Temporarily reduces the North Dakota outdoor heritage fund annual cap from $20 million to $7.5 million for fiscal years 2025-2027

Directs up to $17.5 million in oil and gas tax revenues to the oil and gas research fund for the period August 1, 2025, through July 31, 2027