North Dakota 69-2025 Assembly Status: Passed House 3 R cosponsors

HB 1330 — Relating to the prudent investor rule.

Last action — Second reading, failed to pass, yeas 20 nays 26

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced January 13, 2025. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 40% · moderate confidence

  • Passed House

    Current position in the legislative process.

  • 5 sponsors

    1 primary, 4 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (3 R).

  • Mixed recorded votes

    1 passed, 1 failed in recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

A BILL for an Act to amend and reenact section 21-10-07.1 of the North Dakota Century Code, relating to the prudent investor rule.

Bill Text

What changed in the latest version

32 added · 46 removed

32 line(s) added, 46 removed.

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Previous
Latest
25.0779.02004 Prepared by the Legislative Council Title.04000 staff for Senate Appropriations Committee April 11, 2025 Sixty-ninth Legislative Assembly of North Dakota PROPOSED AMENDMENTS TO FIRST ENGROSSMENT ENGROSSED HOUSE BILL NO.
25.0779.02000 Sixty-ninth Legislative Assembly of North Dakota FIRST ENGROSSMENT ENGROSSED HOUSE BILL NO.
1330 Introduced by Representatives Satrom, Grueneich, Ostlie Senators Conley, Lemm In place of the amendments (25.0779.02001) adopted by the Senate, House Bill No.
1330 Introduced by Representatives Satrom, Grueneich, Ostlie Senators Conley, Lemm A BILL for an Act to create and enact a new section to chapter 21-10 of the North Dakota Century Code, relating to divestment from legacy fund investments in Chinese companies;
1330 is amended by amendments (25.0779.02004) as follows:
A BILL for an Act to create and enact a new section to chapter 21-10 of the North Dakota Century Code, relating to divestment from legacy fund investments in Chinese companies;
Page No.
d.
1 25.0779.02004 Sixty-ninth Legislative Assembly d.
The term does not include indirect holdings in actively managed investment funds, including a private equity fund, or holdings in exchange-traded funds.
The term does not include indirect holdings in actively managed Page No.
1 25.0779.02000 Sixty-ninth Legislative Assembly investment funds, including a private equity fund, or holdings in exchange-traded funds.
SECTION 1.
SECTION 2.
As used in this subsection:
a.
"Chinese company" means a company formed and domiciled in China.
2 25.0779.02004 Sixty-ninth Legislative Assembly b.
2 25.0779.02000
"Company" means a sole proprietorship, an organization, an association, a corporation, a partnership, a joint venture, a limited partnership, a limited liability partnership, a limited liability company, or any other entity or business association, including all wholly owned subsidiaries, majority-owned subsidiaries, and parent companies, or an affiliate of such entity or business associate which exists for the purpose of making a profit.
Page No.
3 25.0779.02004
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Action History

  1. Second reading, failed to pass, yeas 20 nays 26

  2. Amendment adopted, placed on calendar

  3. Reported back amended, do not pass, placed on calendar 11 5 0

  4. Committee Hearing 08:30

  5. Rereferred to Appropriations

  6. Amendment adopted, placed on calendar

  7. Reported back amended, do pass, amendment placed on calendar 3 2 0

  8. Committee Hearing 09:30

  9. Introduced, first reading, referred Industry and Business Committee

  10. Received from House

  11. Second reading, passed, yeas 75 nays 7

  12. Amendment adopted, placed on calendar

  13. Reported back amended, do pass, amendment placed on calendar 9 3 2

  14. Committee Hearing 03:15

  15. Introduced, first reading, referred Industry, Business and Labor Committee

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 4 co-sponsors · 143 not signed on · 33 voted No

Sponsors (1)

Co-sponsors (4)

Not signed on (143)

143 members have not signed on to this bill.

Show all 143 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Final Passage

Failed 20 Yea · 26 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 1000
Republican 172301
Democratic 2300
Total 202601
% of votes cast 43%55%0%2%
How each member voted (47)
Member Party Vote
van Oosting — Yea
Boschee, Josh Democratic Yea
Braunberger, Ryan Democratic Nay
Hogan, Kathy Democratic Nay
Marcellais, Richard Democratic Nay
Mathern, Tim Democratic Yea
Axtman, Michelle Republican Yea
Barta, Jeff Republican Yea
Beard, Todd Republican Yea
Bekkedahl, Brad Republican Not Voting
Boehm, Keith Republican Nay
Burckhard, Randy A. Republican Nay
Castaneda, Jose L. Republican Yea
Cleary, Sean Republican Yea
Clemens, David A. Republican Yea
Conley, Cole Republican Yea
Cory, Claire Republican Nay
Davison, Kyle Republican Nay
Dever, Dick Republican Nay
Dwyer, Michael Republican Nay
Enget, Mark Republican Yea
Erbele, Robert Republican Nay
Gerhardt, Justin Republican Nay
Hogue, David Republican Nay
Kessel, Greg Republican Nay
Klein, Jerry Republican Nay
Larson, Diane Republican Nay
Lee, Judy Republican Nay
Lemm, Randy D. Republican Yea
Luick, Larry Republican Nay
Magrum, Jeffery J. Republican Yea
Meyer, Scott Republican Nay
Myrdal, Janne Republican Yea
Patten, Dale Republican Nay
Paulson, Bob Republican Yea
Powers, Michelle Republican Yea
Roers, Kristin Republican Nay
Rummel, Dean Republican Nay
Schaible, Donald Republican Nay
Sickler, Jonathan Republican Nay
Sorvaag, Ronald Republican Nay
Thomas, Paul J. Republican Yea
Walen, Chuck Republican Yea
Wanzek, Terry M. Republican Yea
Weber, Mark F. Republican Nay
Weston, Kent Republican Yea
Wobbema, Mike Republican Nay

Official roll call →

Final Passage

Passed 75 Yea · 7 Nay · 12 Other
Party YeaNayPresentNot Voting
Republican 666010
Democratic 8102
Unaffiliated 1000
Total 757012
% of votes cast 80%7%0%13%
How each member voted (94)
Member Party Vote
Olson — Yea
Brown, Collette Democratic Not Voting
Conmy, Liz Democratic Yea
Davis, Jayme Democratic Yea
Dobervich, Gretchen Democratic Not Voting
Finley-DeVille, Lisa Democratic Yea
Foss, Austin Democratic Yea
Hager, LaurieBeth Democratic Yea
Hanson, Karla Rose Democratic Nay
Ista, Zachary Democratic Yea
Mitskog, Alisa Democratic Yea
Schneider, Mary Democratic Yea
Anderson, Bert Republican Yea
Anderson, Dick Republican Yea
Anderson, Karen A. Republican Yea
Bahl, Landon Republican Not Voting
Beltz, Mike Republican Yea
Berg, Mike Republican Yea
Bolinske, Macy Republican Yea
Bosch, Glenn Republican Nay
Brandenburg, Mike Republican Yea
Christianson, Nels Republican Yea
Christy, Josh Republican Not Voting
Dockter, Jason Republican Yea
Dressler, Ty Republican Yea
Fegley, Clayton Republican Not Voting
Fisher, Jay Republican Yea
Frelich, Kathy Republican Yea
Grindberg, Karen Republican Nay
Grueneich, Jim Republican Yea
Hagert, Jared C. Republican Yea
Hatlestad, Patrick R. Republican Yea
Hauck, Dori Republican Yea
Headland, Craig Republican Yea
Heilman, Matthew Republican Yea
Heinert, Pat D. Republican Yea
Henderson, Donna Republican Yea
Hendrix, Jared Republican Yea
Holle, Dawson Republican Yea
Hoverson, Jeff Republican Not Voting
Johnson, Jorin Republican Nay
Johnston, Daniel Republican Yea
Jonas, Jim Republican Yea
Karls, Karen Republican Yea
Kasper, Jim Republican Yea
Kempenich, Keith Republican Not Voting
Kiefert, Dwight Republican Yea
Klemin, Lawrence R. Republican Yea
Koppelman, Ben Republican Yea
Lefor, Mike Republican Yea
Longmuir, Donald W. Republican Yea
Louser, Scott Republican Yea
Maki, Roger A. Republican Yea
Marschall, Andrew Republican Yea
Martinson, Bob Republican Yea
McLeod, Carrie Republican Not Voting
Meier, Lisa Republican Yea
Monson, David Republican Yea
Morton, Desiree Republican Yea
Motschenbacher, Mike Republican Yea
Murphy, Eric J. Republican Yea
Nathe, Mike Republican Yea
Nehring, Dennis Republican Yea
Nelson, Jon O. Republican Yea
Novak, Anna S. Republican Not Voting
O'Brien, Emily Republican Yea
Olson, Jeremy Republican Nay
Osowski, Doug Republican Yea
Ostlie, Mitch Republican Yea
Porter, Todd Republican Yea
Pyle, Brandy L. Republican Yea
Richter, David Republican Not Voting
Rios, Nico Republican Yea
Rohr, Karen M. Republican Yea
Ruby, Dan Republican Yea
Ruby, Matthew Republican Yea
Sanford, Mark Republican Not Voting
Satrom, Bernie Republican Yea
Schatz, Mike Republican Yea
Schauer, Austen Republican Yea
Schreiber-Beck, Cynthia Republican Yea
Steiner, Vicky Republican Yea
Stemen, Gregory Republican Nay
Swiontek, Steve Republican Yea
Toman, Nathan Republican Yea
Tveit, Bill Republican Yea
VanWinkle, Lori Republican Yea
Vetter, Steve Republican Yea
Vigesaa, Don Republican Yea
Vollmer, Daniel R. Republican Yea
Wagner, Scott Republican Yea
Warrey, Jonathan Republican Nay
Weisz, Robin Republican Not Voting
Wolff, Christina Republican Yea

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 1330 do?
A BILL for an Act to amend and reenact section 21-10-07.1 of the North Dakota Century Code, relating to the prudent investor rule.
Who sponsors HB 1330?
HB 1330 is sponsored by Satrom, Bernie (Republican), Grueneich, Jim (Republican), Ostlie, Mitch (Republican), Sen. Conley, Cole, and Sen. Lemm, Randy D..
What is the current status of HB 1330?
This bill has passed the House. Introduced January 13, 2025. It now moves to the second chamber.
Where can I track HB 1330?
Track HB 1330 free on One Click Politics — get push/email alerts when it moves.

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