SB 2014 — AN ACT to provide an appropriation for defraying the expenses of the industrial commission and the agencies under its control; to create and enact a new section to chapter 6-09 and a new subdivision to subsection 2 of section 38-08-04.5 of the North Dakota Century Code, relating to a rail revolving loan fund and uses of the abandoned oil and gas well plugging and site reclamation fund; to amend and reenact subsection 7 of section 6-08.1-02 and sections 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, and 49-17.1-02.1, subsection 1 of section 54-17-40, and subdivision a of subsection 4 of section 54-17.7-04 of the North Dakota Century Code, and section 15 of chapter 14 of the 2023 Session Laws, relating to confidential and exempt records of the Bank of North Dakota, the rebuilders loan program, loan guarantees through the strategic investment and improvements fund, interest rate buydown limits for the partnership in assisting community expansion fund, department of transportation review and approval of rail projects, uses of the housing incentive fund, North Dakota pipeline borrowing authority, and a salt cavern underground energy storage research project; to repeal section 3 of Senate Bill No. 2188, as approved by the sixty-ninth legislative assembly, relating to a transfer from the strategic investment and improvements fund to the clean sustainable energy fund; to provide a deficiency appropriation; to provide for a transfer; to provide an exemption; to provide for a legislative management study; to provide for a legislative management report; to provide for a report; to provide an effective date; and to declare an emergency.
Last action — Filed with Secretary Of State 05/19
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 07, 2025. Enacted.
Signed by Governor Kelly Armstrong (Republican) on May 17, 2025.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 3 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
Relating to a rail revolving loan fund and uses of the abandoned oil and gas well plugging and site reclamation fund; to amend and reenact subsection 7 of section 6‑08.1‑02 and sections 6‑09‑35, 6‑09‑46.2, 6‑09.7‑05, 6‑09.14‑04, and 49‑17.1‑02.1, subsection 1 of section 54‑17‑40, and subdivision a of subsection 4 of section 54‑17.7‑04 of the North Dakota Century Code, and section 15 of chapter 14 of the 2023 Session Laws, relating to confidential and exempt records of the Bank of North Dakota, the rebuilders loan program, loan guarantees through the strategic investment and improvements fund, interest rate buydown limits for the partnership in assisting community expansion fund, department of transportation review and approval of rail projects, uses of the housing incentive fund, North Dakota pipeline borrowing authority, and a salt cavern underground energy storage research project; to repeal section 3 of Senate Bill No. 2188, as approved by the sixty-ninth legislative assembly, relating to a transfer from the strategic investment and improvements fund to the clean sustainable energy fund; to provide a deficiency appropriation; to provide for a transfer; to provide an exemption; to provide for a legislative management study; to provide for a legislative management report; to provide for a report; to provide an effective date; and to declare an emergency.
Bill Text
What changed in the latest version
564 added · 395 removedPlain-language change summary
The updated version of Senate Bill 2014 introduces new sections related to a rail revolving loan fund and expands the provisions for the abandoned oil and gas well plugging and site reclamation fund. Additionally, it makes amendments to several existing laws concerning loan programs and funding for various industrial and transportation projects. These changes are significant because they could enhance financial support for infrastructure and energy projects in North Dakota, potentially leading to job creation and improved statewide economic development.
25.0181.02000 Sixty-ninth Legislative Assembly of North Dakota FIRSTIn ENGROSSMENTRegular ENGROSSEDSession Commencing Tuesday, January 7, 2025 SENATE BILL NO.
2014 Introduced(Appropriations byCommittee) AppropriationsAN CommitteeACT A BILL for an Act to provide an appropriation for defraying the expenses of the industrial commission and the agencies under its control;
to amendcreate and reenactenact subsectiona 7new of section 6-08.1-02to chapter 6-09 and sectionsa 6-09-35new andsubdivision 6-09.14-04to subsection 2 of section 38-08-04.5 of the North Dakota Century Code, relating to confidentiala andrail exemptrevolving recordsloan offund theand Bankuses of Norththe Dakotaabandoned oil and interestgas ratewell buydownplugging limitsand forsite thereclamation partnership in assisting community expansion fund;
to amend and reenact subsection 7 of section 6-08.1-02 and sections 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, and 49-17.1-02.1, subsection 1 of section 54-17-40, and subdivision a of subsection 4 of section 54-17.7-04 of the North Dakota Century Code, and section 15 of chapter 14 of the 2023 Session Laws, relating to confidential and exempt records of the Bank of North Dakota, the rebuilders loan program, loan guarantees through the strategic investment and improvements fund, interest rate buydown limits for the partnership in assisting community expansion fund, department of transportation review and approval of rail projects, uses of the housing incentive fund, North Dakota pipeline borrowing authority, and a salt cavern underground energy storage research project;
to repeal section 3 of Senate Bill No.
2188, as approved by the sixty-ninth legislative assembly, relating to a transfer from the strategic investment and improvements fund to the clean sustainable energy fund;
to provide a deficiency appropriation;
and to provide for a report.report;
to provide an effective date;
and to declare an emergency.
INDUSTRIAL COMMISSION Adjustments or Base Level Enhancements Appropriation Salaries and wages $1,884,918 $376,583$701,583 $2,261,501$2,586,501 New and vacant FTE pool 0 20,376 20,376 Operating expenses 472,271 4,321,9913,821,991 4,794,2624,294,262 PageGrants No.0 13,668,089 13,668,089 Grants - bond payments 119,879,913 (2,761,713) 117,118,200 Total all funds $122,237,102 $15,450,326 $137,687,428 Less other funds 122,237,102 15,050,326 137,287,428 Total general fund $0 $400,000 $400,000 Full-time equivalent positions 9.75 0.00 9.75 Subdivision 2.
1BANK 25.0181.02000OF Sixty-ninthNORTH LegislativeDAKOTA AssemblyAdjustments Grantsor 0Base 13,668,089Level 13,668,089Enhancements GrantsAppropriation -S. bond payments 119,879,913 (2,761,713) 117,118,200 Total all funds $122,237,102 $15,625,326 $137,862,428 Less other funds 122,237,102 15,225,326 137,462,428 Total general fund $0 $400,000 $400,000 Full-time equivalent positions 9.75 0.00 9.75 Subdivision 2.
BANKB. OF NORTH DAKOTA Adjustments or Base Level Enhancements Appropriation Bank of North Dakota operations $70,899,761 $5,211,643 $76,111,404 New and vacant FTE pool 0 2,122,074 2,122,074 Capital assets 705,722 3,437,577 4,143,299 Total other funds $71,605,483 $10,771,294 $82,376,777 Full-time equivalent positions 187.00 0.00 187.00 Subdivision 3.
HOUSINGNO. FINANCE AGENCY Adjustments or Base Level Enhancements Appropriation Salaries and wages $11,413,354 $1,655,543 $13,068,897 New and vacant FTE pool 0 1,024,774 1,024,774 Operating expenses 10,903,883 (1,433,707) 9,470,176 Capital assets 20,000 0 20,000 Grants 48,805,110 (2,700,000) 46,105,110 Housing finance agency contingencies 100,000 0 100,000 Total all funds $71,242,347 ($1,453,390) $69,788,957 Less other funds 68,742,347 1,046,610 69,788,957 Total general fund $2,500,000 ($2,500,000) $0 Full-time equivalent positions 54.00 3.00 57.00 Subdivision 4.
DEPARTMENT2014 OF- MINERALPAGE RESOURCES2 PageBank No.of North Dakota operations $70,899,761 $5,461,643 $76,361,404 New and vacant FTE pool 0 2,122,074 2,122,074 Capital assets 705,722 3,437,577 4,143,299 Total other funds $71,605,483 $11,021,294 $82,626,777 Full-time equivalent positions 187.00 0.00 187.00 Subdivision 3.
2HOUSING 25.0181.02000FINANCE Sixty-ninthAGENCY Legislative Assembly Adjustments or Base Level Enhancements Appropriation Salaries and wages $23,261,532$11,413,354 $3,026,192$1,655,543 $26,287,724$13,068,897 New and vacant FTE pool 0 1,608,5931,422,760 1,608,5931,422,760 Operating expenses 5,120,25310,903,883 5,885,498(1,433,707) 11,005,7519,470,176 Capital assets 20,000 0 45,00020,000 45,000Grants 48,805,110 (2,700,000) 46,105,110 Housing finance agency contingencies 100,000 0 100,000 Total all funds $28,381,785$71,242,347 $10,565,283($1,055,404) $38,947,068$70,186,943 Less other funds 268,00068,742,347 5,010,3771,444,596 5,278,37770,186,943 Total general fund $28,113,785$2,500,000 $5,554,906($2,500,000) $33,668,691$0 Full-time equivalent positions 108.0054.00 3.005.00 111.0059.00 Subdivision 5.4.
DEPARTMENT OF MINERAL RESOURCES Adjustments or Base Level Enhancements Appropriation Salaries and wages $23,261,532 $3,026,192 $26,287,724 New and vacant FTE pool 0 2,121,618 2,121,618 Operating expenses 5,120,253 6,778,008 11,898,261 Capital assets 0 45,000 45,000 Total all funds $28,381,785 $11,970,818 $40,352,603 Less other funds 268,000 5,754,837 6,022,837 Total general fund $28,113,785 $6,215,981 $34,329,766 Full-time equivalent positions 108.00 5.00 113.00 Subdivision 5.
TOTAL SECTION 1 Adjustments or Base Level Enhancements Appropriation GrandS. total all funds $390,877,637 $46,538,008 $437,415,645 Less grand total other funds 360,263,852 43,083,102 403,346,954 Grand total general fund $30,613,785 $3,454,906 $34,068,691 SECTION 2.
B.
NO.
2014 - PAGE 3 Grand total all funds $390,877,637 $48,416,529 $439,294,166 Less grand total other funds 360,263,852 44,300,548 404,564,400 Grand total general fund $30,613,785 $4,115,981 $34,729,766 SECTION 2.
The following amounts reflect the one-time funding items included in the appropriation in section 1 of this Act which are not included in the entity's Pagebase No.budget for the 2027-29 biennium and which the entity shall report to the appropriations committees of the seventieth legislative assembly regarding the use of this funding:
3One-Time 25.0181.02000Funding Sixty-ninthDescription LegislativeGeneral AssemblyFund baseOther budgetFunds forTotal theIndustrial 2027-29commission bienniumElectricity andgrid whichresiliency thefederal entitygrant shall$0 report$13,668,089 to$13,668,089 theLignite appropriationslitigation committees0 3,000,000 3,000,000 Subtotal industrial commission $0 $16,668,089 $16,668,089 Bank of theNorth seventiethDakota legislativeCapital assemblyimprovement regardingprojects the$0 use$2,633,299 $2,633,299 Economic development study 0 250,000 250,000 Subtotal Bank of thisNorth funding:Dakota $0 $2,883,299 $2,883,299 Department of mineral resources Federal abandoned well program $0 $1,444,377 $1,444,377 FTE position operating expenses 24,435 51,495 75,930 Mineral analyses 100,000 0 100,000 Rare earth elements study 0 400,000 400,000 Paleontology excavation project 0 150,000 150,000 Oil and gas litigation 0 3,000,000 3,000,000 Portable mineral detection equipment 45,000 0 45,000 Subtotal department of mineral resources $169,435 $5,045,872 $5,215,307 Grand total $169,435 $24,597,260 $24,766,695 SECTION 3.
One-Time Funding Description General Fund Other Funds Total Industrial commission Inflationary increases $0 $50,000 $50,000 Electricity grid resiliency federal grant 0 13,668,089 13,668,089 Lignite litigation 0 3,000,000 3,000,000 Subtotal industrial commission $0 $16,718,089 $16,718,089 Bank of North Dakota Capital improvement projects $0 $2,633,299 $2,633,299 Subtotal Bank of North Dakota $0 $2,633,299 $2,633,299 Department of mineral resources Federal abandoned well program $0 $1,444,377 $1,444,377 FTE position operating expenses 41,600 0 41,600 Mineral analyses 100,000 0 100,000 Rare earth elements study 0 400,000 400,000 Archeology excavation project 0 150,000 150,000 Oil and gas litigation 0 3,000,000 3,000,000 Enhanced oil recovery database 15,000 0 15,000 Portable mineral detection equipment 45,000 0 45,000 Subtotal department of mineral resources $201,600 $4,994,377 $5,195,977 Grand total $201,600 $24,345,765 $24,547,365 SECTION 3.
The the industrial commission and agencies under its control may not spend funds appropriated in the new and vacant FTE pool line items in section 1 of this Act, but may request the office of management and budget to transfer funds, within each respective subdivision, from the new and vacant FTE pool line item to the salaries and wages line items or Bank of North Dakota operations line item in accordance with the guidelines and reporting provisions included in House Bill No.
1015, as approved by the sixty-ninthsixty- ninth legislative assembly.
PageSECTION No.4.
4 25.0181.02000 Sixty-ninth Legislative Assembly SECTION 4.
Infrastructure project and program bonds - legacy sinking and inter$102,622,743interest fund $102,622,743 North Dakota university system 14,083,250 Veterans' home 412,207 Total $117,118,200 SECTION 5.
APPROPRIATION - 2023-25 BIENNIUM - INDUSTRIAL COMMISSION - HYDROGEN ENERGY RESEARCH PROJECT.
There is appropriated out of any moneys in the general fund in the state treasury, not otherwise appropriated, the sum of $627,587, or so much of the sum as may be necessary, to the industrial commission for the purpose of paying an outstanding invoice related to a hydrogen energy research project, for the period beginning with the effective date of this section and ending June 30, 2025.
SECTION 6.
In addition to the amount appropriated to the housing finance agency in subdivision 3 of section 1 of this Act, there is appropriated any additional income or unanticipated income from federal or special funds whichS. may become available to the agency, for the biennium beginning July 1, 2025, and ending June 30, 2027.
B.
NO.
2014 - PAGE 4 which may become available to the agency, for the biennium beginning July 1, 2025, and ending June 30, 2027.
SECTION 6.7.
Notwithstanding any other requirements under section 54-17-40 and pursuant to the continuing appropriation under section 54-17-40, the housing finance agency shall distribute a passthrough grant of $150,000 from the housing incentive fund to ana Native American-focused organization with a presence in multiple communities for a Native American homelessness liaison, from the $10,000,000 transferred to the housing incentive fund under this subsection.
The office of management and budget shall transfer the sum of $25,000,000 from the strategic investment and improvements fund to the housing incentive fund for housing projects and programs during the biennium beginning July 1, 2025, and ending June 30, 2027.
PageSECTION No.8.
Show all 256 changed lines (216 more)
5 25.0181.02000 Sixty-ninth Legislative Assembly SECTION 7.
The sum of $2,435,660,$2,260,660, or so much of the sum as may be necessary, included in the appropriation in subdivision 1 of section 1 of this Act, may be transferred from the entities and funds within the control of the industrial commission or entities directed to make payments to the industrial commission fund for administrative services rendered by the commission.
SECTION 8.9.
SECTION 9.10.
TRANSFER - BANK OF NORTH DAKOTA PROFITS TO ECONOMIC DEVELOPMENT PROGRAMS.PROGRAMS - SMALL BUSINESS DEVELOPMENT CENTER - LINE OF CREDIT INTEREST RATE BUYDOWN.
1.S.
$39,000,000B. to the partnership in assisting community expansion;
NO.
2014 - PAGE 5 1.
$60,000,000 to economic development programs administered by the Bank, including the partnership in assisting community expansion fund, the agriculture partnership in assisting community expansion fund, the biofuels partnership in assisting community expansion fund, and the beginning farmer revolving loan fund;
$5,000,000$1,900,000 to the agricultureuniversity partnershipof inNorth assistingDakota communityfor expansionthe fund;North Dakota small business development center for the purpose of matching federal grants;
and 3.
$1,000,000Up to $5,000,000 to the biofuelsparks partnershipand inrecreation assistingdepartment communityfor expansionan fund;interest rate buydown on the line of credit for the Theodore Roosevelt presidential library project.
PageThe No.interest rate buydown may not exceed the amount needed to buydown the interest rate on the outstanding balance of the line of credit from the prevailing interest rate charged to North Dakota governmental entities to two percent.
6SECTION 25.0181.0200011. Sixty-ninth Legislative Assembly 4.
$15,000,000TRANSFER to- theRAIL beginningFUND farmerTO revolvingRAIL loanREVOLVING fund;LOAN FUND.
The department of transportation shall transfer any outstanding loans and 5.remaining balance from the rail fund to the rail revolving loan fund on July 1, 2025.
$1,900,000SECTION to12. the university of North Dakota for the North Dakota small business development center for the purpose of matching federal grants.
SECTION 10.
SECTION 11.13.
Moneys designated under Pagethis No.section also may be used for the purpose of contracting for nonmatching studies and activities in support of advanced energy technology and other technology development programs;
7 25.0181.02000 Sixty-ninth Legislative Assembly this section also may be used for the purpose of contracting for nonmatching studies and activities in support of advanced energy technology and other technology development programs;
2.S.
B.
NO.
2014 - PAGE 6 2.
SECTION 12.14.
$3,550,000 in the other funds line item in subdivision 4 of section 1 of this Act and identified as one-time funding in section 2 of this Act, including $400,000 for a rare earth elements study, $150,000 for ana archeologypaleontology excavation project, and $3,000,000 for oil and gas litigation.
SECTION 13.15.
OTHER FUNDS - ABANDONED OIL AND GAS WELL PLUGGING AND SITE RECLAMATION FUND - ADMINISTRATIVE EXPENSES.
The other funds line item in subdivision 4 of section 1 of this Act includes the sum of $799,926 from the abandoned oil and gas well plugging and site reclamation fund for administrative expenses, including funding for reclamation specialist positions and related operating expenses.
SECTION 16.
OTHER FUNDS - HOUSING INCENTIVE FUND - ADMINISTRATIVE EXPENSES.
The other funds line item in subdivision 3 of section 1 of this Act includes the sum of $213,880, transferred from the housing incentive fund to the agency's operating fund for administrative expenses, including funding for a homelessness program position and related operating expenses.
SECTION 17.
Pageb. No.
8 25.0181.02000 Sixty-ninth Legislative Assembly b.
The amount of any net writeoff or loan forgiveness associated with the financing or security referenced in subdivision a whichwhichthat the industrial commission determines is uncollectible.
SECTION 14.18.
2.S.
B.
NO.
2014 - PAGE 7 2.
SECTION 15.19.
Section 6-09-46.2 of the North Dakota Century Code is amended and reenacted as follows:
6-09-46.2.
Rebuilders loan program - Rebuilders permanent loan fund - Continuing appropriation.
1.
The Bank of North Dakota shall develop a rebuilders loan program to make or participate in loans to North Dakota residents affected by extraordinary losses as a result of a:
a.
A presidentially declared disaster orin the state;
b.
A governor-declared disaster orin the state;
c.
An emergency in the state;
d.
A weather-related incident in the state as determined by the governor;
or e.
An economic hardship as determined by the governor.
2.
Under the rebuilders loan program, the Bank shall develop and implement specific loan programs to respond to the specific needs resulting from a disaster or, emergency, incident, or hardship.
The Bank may fund the loan from any available funding in the rebuilders permanent loan fund and may accept private sector donations and funds from the federal government.
2.3.
Upon request of the Bank of North Dakota, the governor shall furnish the Bank with information relating to the nature and amount of state and local resources that have been or will be committed to alleviating the results of the disaster or emergency, an estimate of the amount and severity of the damage and the impact on the private and public sectors, and an estimate of the type and amount of assistance needed.
3.4.
To apply for a loan under the program, a person shall apply to the originating financial institution.
Upon Bank of North Dakota approval of an application, the Bank shall make a loan in accordance with the loan program established under this section.
The Bank shall establish a loan application period, which may not exceed a period of eighteen months from the date of the declaration of the disaster or emergency.
4.5.
Excluding the rebuilders and rebuilders home loans transferred to the fund, the Bank of North Dakota shall deposit in the fund all principal and interest paid on the loans made from the fund.
The Bank may deduct from interest payments received on a loan under the program a service fee for administering the fund for the Bank and the originating financial institution.
The S.
B.
NO.
2014 - PAGE 8 fund must be audited annually pursuant to section 6-09-29, and the cost of the audit and any other actual costs incurred by the Bank on behalf of the fund, must be paid by the fund.
5.6.
There is created in the state treasury the rebuilders permanent loan fund administered by the Bank of North Dakota.
The fund consists of all moneys transferred to the fund by the legislative assembly, interest on moneys in the fund, and payments to the fund of principal and interest on loans made from the fund.
All moneys in the fund are appropriated to the Bank on a continuing basis for the rebuilders loan program.
6.7.
If approved by the industrial commission, the fund may borrow from the Bank of North Dakota to provide funding for loans under this section.
A loan made to the fund by the Bank must be repaid with principal and interest payment received by the rebuilders permanent loan fund or with moneys appropriated by the legislative assembly.
7.8.
The Bank of North Dakota shall adopt policies to implement this section.
SECTION 20.
A new section to chapter 6-09 of the North Dakota Century Code is created and enacted as follows:
Rail revolving loan fund - Continuing appropriation.
1.
The rail revolving loan fund is a special fund in the state treasury from which the Bank of North Dakota shall provide loans to counties, cities, railroads, and other freight railroad users to construct or upgrade rail infrastructure to improve rail service.
2.
The Bank shall administer the fund in accordance with the provisions of this section and may adopt policies and establish guidelines for the loans, including policies for eligibility and allowing participation by local financial institutions.
Class I railroads are not eligible.
3.
The Bank shall consider the applicant's ability to repay the loan when processing the application and shall issue loans only to applicants that provide reasonable assurance of sufficient future income to repay the loan.
4.
The department of transportation shall review and approve the project before the Bank may issue a loan based on policies developed by the department.
5.
The Bank shall deposit in the fund all payments of principal and interest paid on loans made from the fund.
The Bank may use a portion of the interest paid on the outstanding loans as a servicing fee to pay administrative costs which may not exceed one-half of one percent of the amount of the outstanding loans.
6.
All moneys transferred to the fund, interest upon moneys in the fund, and payments to the fund of principal and interest are appropriated to the Bank on a continuing basis for administrative costs and for loan disbursements according to this section.
7.
The fund must be audited annually pursuant to section 6-09-29, and the cost of the audit must be paid from the fund.
SECTION 21.
AMENDMENT.
Section 6-09.7-05 of the North Dakota Century Code is amended and reenacted as follows:
6-09.7-05.
Establishment and maintenance of adequate guarantee funds - Use of strategic investment and improvements fund.
(Effective through June 30, 2025) The Bank of North Dakota shall establish and at all times maintain an adequate guarantee reserve fund in a special account in the Bank.
The Bank may request the director of the office of management and budget to transfer funds from the strategic investment and improvements fund created by section 15-08.1-08 to maintain one hundred percent of the guarantee reserve fund balance.
Transfers from the strategic investment and improvements fund may not exceed a total of eighty million dollars.
Moneys in S.
B.
NO.
2014 - PAGE 9 the guarantee reserve fund are available to reimburse lenders for guaranteed loans in default.
The securities in which the moneys in the reserve fund may be invested must meet the same requirements as those authorized for investment under the state investment board.
The income from such investments must be made available for the costs of administering the state guarantee loan program and income in excess of that required to pay the cost of administering the program must be deposited in the reserve fund.
The amount of reserves for all guaranteed loans must be determined by a formula that will assure, as determined by the Bank, an adequate amount of reserve.
Establishment and maintenance of adequate guarantee funds - Use of strategic investment and improvements fund.
(Effective after June 30, 2025) The Bank of North Dakota shall establish and at all times maintain an adequate guarantee reserve fund in a special account in the Bank.
The Bank may request the director of the office of management and budget to transfer funds from the strategic investment and improvements fund created by section 15-08.1-08 to maintain one hundred percent of the guarantee reserve fund balance.
Transfers from the strategic investment and improvements fund may not exceed a total of one hundred forty millionone hundred sixty million dollars.
Moneys in the guarantee reserve fund are available to reimburse lenders, including the Bank, for guaranteed loans in default.
The securities in which the moneys in the reserve fund may be invested must meet the same requirements as those authorized for investment under the state investment board.
The income from such investments must be made available for the costs of administering the state guarantee loan program and income in excess of that required to pay the cost of administering the program must be deposited in the reserve fund.
The amount of reserves for all guaranteed loans must be determined by a formula that will assure, as determined by the Bank, an adequate amount of reserve.
SECTION 22.
AMENDMENT.
Page6-09.14-04. No.
9 25.0181.02000 Sixty-ninth Legislative Assembly 6-09.14-04.
If the Bank determines the project has a substantial economic impact and qualifies as a primary sector business, the maximum amount from the fund in the interest rate buydown mayS. be increased by up to one million dollars, in addition to the amount under subdivision a, without a required community match.
B.
NO.
2014 - PAGE 10 may be increased by up to one million dollars, in addition to the amount under subdivision a, without a required community match.
SECTION 16.23.
A new subdivision to subsection 2 of section 38-08-04.5 of the North Dakota Century Code is created and enacted as follows:
Administrative expenses, including salaries and wages and operating expenses, subject to legislative appropriation.
SECTION 24.
Section 49-17.1-02.1 of the North Dakota Century Code is amended and reenacted as follows:
49-17.1-02.1.
Department may authorize localReview and approval of rail projects.
For the purpose of promoting the public interest and local economic development, the department may utilize revenue generated under this chapter for the construction or improvement of railway freight transportation projects not otherwise eligible for assistance under the Railroad Revitalization and Regulatory Reform Act of 1976 [Pub.
L.
94-210;
90 Stat.
149;
49 U.S.C.
1651 et seq.] and which meet standards and specifications developed by the departmentThe department shall coordinate with the Bank of North Dakota to approve and review rail projects financed under the rail revolving loan fund under section 19 of this Act.
SECTION 25.
AMENDMENT.
Subsection 1 of section 54-17-40 of the North Dakota Century Code is amended and reenacted as follows:
1.
The housing incentive fund is created as a special revolving fund at the Bank of North Dakota.
The housing finance agency may direct disbursements from the fund and a continuing appropriation from the fund is provided for that purposea special fund in the state treasury administered by the housing finance agency.
Moneys in the fund are appropriated to the housing finance agency on a continuing basis for assistance under subsection 3.
Moneys in the fund may be transferred to the housing finance agency's operating fund for administrative expenses, which are subject to legislative appropriation.
SECTION 26.
AMENDMENT.
Subdivision a of subsection 4 of section 54-17.7-04 of the North Dakota Century Code is amended and reenacted as follows:
a.
(1) The authority may borrow up to sixty million dollars through a line of credit from the Bank.
(2) In addition to the borrowing under paragraph 1, the authority may borrow up to forty million dollars through a line of credit from the Bank to provide total borrowing of up to one hundred million dollars under this subdivision.
The borrowing under this paragraph is available only if the authority enters a capacity purchase agreement by December 31, 2026, related to a pipeline project to transport natural gas from the western area of the state to the eastern area of the state.
(3) The interest rate on the line of credit must be the prevailing interest rate charged to North Dakota governmental entities.
SECTION 27.
AMENDMENT.
TRANSFER - STRATEGIC INVESTMENT AND IMPROVEMENTS FUND TO STATE ENERGY RESEARCH CENTER FUND - FEDERAL STATE PageFISCAL No.RECOVERY FUND - S.
10B. 25.0181.02000 Sixty-ninth Legislative Assembly FISCAL RECOVERY FUND - UNDERGROUND ENERGY STORAGE RESEARCH PROJECT - REPORT TO LEGISLATIVE MANAGEMENT.
NO.
2014 - PAGE 11 UNDERGROUND ENERGY STORAGE RESEARCH PROJECT - REPORT TO LEGISLATIVE MANAGEMENT.
SECTION 17.28.
REPEAL.
Section 3 of Senate Bill No.
2188, as approved by the sixty-ninth legislative assembly, is repealed.
SECTION 29.
The sum of $1,250,000 appropriated from special funds for grant management software in subsectionsubdivision 1 of section 1 of chapter 14 of the 2023 Session Laws, identified as one-time funding in section 2 of chapter 14 of the 2023 Session Laws, and transferred in section 9 of chapter 14 of the 2023 Session Laws.
Page2. No.
11The 25.0181.02000sum Sixty-ninthof Legislative$75,000 Assemblyappropriated 2.from special funds for a records digitization project in subdivision 1 of section 1 of chapter 14 of the 2023 Session Laws and identified as one-time funding in section 2 of chapter 14 of the 2023 Session Laws.
The sum of $75,000 appropriated from special funds for a records digitization project in subsection 1 of section 1 of chapter 14 of the 2023 Session Laws and identified as one-time funding in section 2 of chapter 14 of the 2023 Session Laws.
The sum of $1,124,856 appropriated from the general fund and $7,499,037 appropriated from federal funds for an electricity grid resilience federal grant in subsectionsubdivision 1 of section 1 of chapter 14 of the 2023 Session Laws and identified as one-time funding in section 2 of chapter 14 of the 2023 Session Laws.
The sum of $3,200,000 appropriated from the federal state fiscal recovery fund for an abandoned oil well conversion to water supply grant program in subsectionsubdivision 2 of section 1 of chapter 550 of the 2021 Special Session Session Laws and continued into the 2023-25 biennium in subsection 1 of section 27 of chapter 14 of the 2023 Session Laws.
The sum of $800,000 appropriated from the strategic investment and improvements fund to the department of mineral resources for a survey review in section 2 of chapter 426 of the 2017 Session Laws and continued into the 2019-21 biennium pursuant to section 27 of chapter 14 of the 2019 Session Laws, into the 2021-23 biennium pursuant to section 33 of chapterS. 42 of the 2021 Session Laws, and into the 2023-25 biennium pursuant to section 27 of chapter 14 of the 2023 Session Laws.
SECTIONB. 18.
NO.
2014 - PAGE 12 chapter 42 of the 2021 Session Laws, and into the 2023-25 biennium pursuant to section 27 of chapter 14 of the 2023 Session Laws.
6.
Up to $225,500 of the $2,300,000 appropriated from federal funds to the department of mineral resources for administrative expenses related to an abandoned well reclamation program in subdivision 2 of section 1 of chapter 14 of the 2023 Session Laws and identified as one-time funding in section 2 of chapter 14 of the 2023 Session Laws.
SECTION 30.
PageSECTION No.31.
12ECONOMIC 25.0181.02000DEVELOPMENT STUDY - BANK OF NORTH DAKOTA - REPORT.
During the 2025-27 biennium, the Bank of North Dakota shall use up to $250,000 included in the Bank's appropriation in section 1 of this Act and identified as one-time funding in section 2 of this Act to conduct a study of economic development opportunities to sustain the economies of communities in western North Dakota as oil and gas development activities decrease.
The Bank shall coordinate with the department of commerce and representatives from oil-producing counties to develop a long-term strategic plan for economic development opportunities in western North Dakota.
The Bank shall provide at least one report to the legislative management during the 2025-26 interim and shall provide a report to the appropriations committees of the seventieth legislative assembly regarding the results of the study.
SECTION 32.
REPORT TO BUDGET SECTION - NORTH DAKOTA PIPELINE AUTHORITY - PIPELINE CAPACITY AGREEMENT.
By December 31, 2026, the North Dakota pipeline authority shall provide at least one report to the budget section regarding the status of any pipeline capacity agreements, including commitments from other private sector entities, the commitment by the authority, anticipated borrowing by the authority under subsection 4 of section 54-17.7-04, and other information requested by the budget section.
SECTION 33.
EFFECTIVE DATE.
Section 21 of this Act becomes effective July 1, 2027.
SECTION 34.
EMERGENCY.
Section 5 of this Act is declared to be an emergency measure.
S.
B.
NO.
2014 - PAGE 13 ____________________________ ____________________________ President of the Senate Speaker of the House ____________________________ ____________________________ Secretary of the Senate Chief Clerk of the House This certifies that the within bill originated in the Senate of the Sixty-ninth Legislative Assembly of North Dakota and is known on the records of that body as Senate Bill No.
2014 and that two-thirds of the members-elect of the Senate voted in favor of said law.
Vote:
Yeas 42 Nays 3 Absent 2 ____________________________ ____________________________ President of the Senate Secretary of the Senate This certifies that two-thirds of the members-elect of the House of Representatives voted in favor of said law.
Vote:
Yeas 74 Nays 15 Absent 5 ____________________________ ____________________________ Speaker of the House Chief Clerk of the House Received by the Governor at ________M.
on _____________________________________, 2025.
Approved at ________M.
on __________________________________________________, 2025.
____________________________ Governor Filed in this office this ___________day of _______________________________________, 2025, at ________ o’clock ________M.
____________________________ Secretary of State
Show all 256 changed rows (216 more)
View plain text versions (5)
- Enrolled Enrollment Current pdf
- Engrossed FIRST ENGROSSMENT pdf
- Amended FIRST ENGROSSMENT with House Amendments pdf
- Amended FIRST ENGROSSMENT with Conference Committee Amendments pdf
- Introduced View text pdf
Action History
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Filed with Secretary Of State 05/19
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Signed by Governor, but item veto 05/19
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Sent to Governor
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Signed by President
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Signed by Speaker
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Emergency clause carried
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Second reading, passed as amended, yeas 74 nays 15
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Conference committee report adopted
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Reported back from conference committee, in place of, placed on calendar
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Second reading, passed, yeas 42 nays 3, Emergency clause carried
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Conference committee report adopted
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Reported back from conference committee, in place of, placed on calendar
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Conference committee report rejected
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Reported back from conference committee, in place of, placed on calendar
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Conference committee appointed Kempenich Monson Bosch
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Conference committee appointed Schaible Sorvaag Bekkedahl
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Refused to concur
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Returned to Senate (12)
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Second reading, passed as amended, yeas 71 nays 19
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Amendment adopted, placed on calendar
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Reported back amended, do pass, amendment placed on calendar 21 1 1
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Committee Hearing 02:30
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Committee Hearing 02:30
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Committee Hearing 10:00
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Committee Hearing 02:30
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Committee Hearing 08:30
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Introduced, first reading, referred Appropriations Committee
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Received from Senate
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Second reading, passed, yeas 46 nays 0
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Amendment adopted, placed on calendar
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Reported back amended, do pass, amendment placed on calendar 15 0 1
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Committee Hearing 09:00
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Committee Hearing 09:45
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Committee Hearing 09:00
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Committee Hearing 03:30
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Committee Hearing 02:30
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Committee Hearing 01:30
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Committee Hearing 10:30
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Committee Hearing 10:00
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Introduced, first reading, referred Appropriations Committee
Sponsors
- Appropriations · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 147 not signed on · 22 voted No
Sponsors (1)
- Appropriations
Co-sponsors (0)
None.
Not signed on (147)
147 members have not signed on to this bill.
Show all 147 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 37 | 3 | 0 | 2 |
| Democratic | 5 | 0 | 0 | 0 |
| Total | 42 | 3 | 0 | 2 |
| % of votes cast | 89% | 6% | 0% | 4% |
How each member voted (47)
| Member | Party | Vote |
|---|---|---|
| Boschee, Josh | Democratic | Yea |
| Braunberger, Ryan | Democratic | Yea |
| Hogan, Kathy | Democratic | Yea |
| Marcellais, Richard | Democratic | Yea |
| Mathern, Tim | Democratic | Yea |
| Axtman, Michelle | Republican | Yea |
| Barta, Jeff | Republican | Yea |
| Beard, Todd | Republican | Nay |
| Bekkedahl, Brad | Republican | Nay |
| Boehm, Keith | Republican | Yea |
| Burckhard, Randy A. | Republican | Yea |
| Castaneda, Jose L. | Republican | Yea |
| Cleary, Sean | Republican | Yea |
| Clemens, David A. | Republican | Nay |
| Conley, Cole | Republican | Yea |
| Cory, Claire | Republican | Yea |
| Davison, Kyle | Republican | Yea |
| Dever, Dick | Republican | Yea |
| Dwyer, Michael | Republican | Not Voting |
| Enget, Mark | Republican | Yea |
| Erbele, Robert | Republican | Yea |
| Gerhardt, Justin | Republican | Yea |
| Hogue, David | Republican | Yea |
| Kessel, Greg | Republican | Yea |
| Klein, Jerry | Republican | Yea |
| Larson, Diane | Republican | Yea |
| Lee, Judy | Republican | Yea |
| Lemm, Randy D. | Republican | Yea |
| Luick, Larry | Republican | Yea |
| Magrum, Jeffery J. | Republican | Yea |
| Meyer, Scott | Republican | Yea |
| Myrdal, Janne | Republican | Yea |
| Patten, Dale | Republican | Yea |
| Paulson, Bob | Republican | Yea |
| Powers, Michelle | Republican | Yea |
| Roers, Kristin | Republican | Yea |
| Rummel, Dean | Republican | Yea |
| Schaible, Donald | Republican | Yea |
| Sickler, Jonathan | Republican | Yea |
| Sorvaag, Ronald | Republican | Yea |
| Thomas, Paul J. | Republican | Yea |
| Walen, Chuck | Republican | Yea |
| Wanzek, Terry M. | Republican | Yea |
| Weber, Mark F. | Republican | Yea |
| Weston, Kent | Republican | Not Voting |
| Wobbema, Mike | Republican | Yea |
| van Oosting, Desiree | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 60 | 19 | 0 | 4 |
| Democratic | 11 | 0 | 0 | 0 |
| Total | 71 | 19 | 0 | 4 |
| % of votes cast | 76% | 20% | 0% | 4% |
How each member voted (94)
| Member | Party | Vote |
|---|---|---|
| Brown, Collette | Democratic | Yea |
| Conmy, Liz | Democratic | Yea |
| Davis, Jayme | Democratic | Yea |
| Dobervich, Gretchen | Democratic | Yea |
| Finley-DeVille, Lisa | Democratic | Yea |
| Foss, Austin | Democratic | Yea |
| Hager, LaurieBeth | Democratic | Yea |
| Hanson, Karla Rose | Democratic | Yea |
| Ista, Zachary | Democratic | Yea |
| Mitskog, Alisa | Democratic | Yea |
| Schneider, Mary | Democratic | Yea |
| Anderson, Bert | Republican | Yea |
| Anderson, Dick | Republican | Yea |
| Anderson, Karen A. | Republican | Nay |
| Bahl, Landon | Republican | Yea |
| Beltz, Mike | Republican | Yea |
| Berg, Mike | Republican | Yea |
| Bolinske, Macy | Republican | Nay |
| Bosch, Glenn | Republican | Yea |
| Brandenburg, Mike | Republican | Yea |
| Brown, TJ | Republican | Nay |
| Christianson, Nels | Republican | Yea |
| Dockter, Jason | Republican | Yea |
| Dressler, Ty | Republican | Not Voting |
| Fegley, Clayton | Republican | Yea |
| Fisher, Jay | Republican | Yea |
| Frelich, Kathy | Republican | Yea |
| Grindberg, Karen | Republican | Yea |
| 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 | Nay |
| Heinert, Pat D. | Republican | Not Voting |
| Henderson, Donna | Republican | Nay |
| Hendrix, Jared | Republican | Yea |
| Holle, Dawson | Republican | Nay |
| Hoverson, Jeff | Republican | Nay |
| Johnson, Jorin | Republican | Nay |
| Johnston, Daniel | Republican | Nay |
| Jonas, Jim | Republican | Yea |
| Karls, Karen | Republican | Yea |
| Kasper, Jim | Republican | Not Voting |
| Kempenich, Keith | Republican | Yea |
| 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 | Nay |
| Marschall, Andrew | Republican | Yea |
| Martinson, Bob | Republican | Yea |
| McLeod, Carrie | Republican | Yea |
| Meier, Lisa | Republican | Yea |
| Monson, David | Republican | Yea |
| Morton, Desiree | Republican | Nay |
| Motschenbacher, Mike | Republican | Yea |
| Murphy, Eric J. | Republican | Yea |
| Nathe, Mike | Republican | Yea |
| Nehring, Dennis | Republican | Nay |
| Nelson, Jon O. | Republican | Yea |
| Novak, Anna S. | Republican | Yea |
| O'Brien, Emily | Republican | Yea |
| Olson, Jeremy | Republican | Yea |
| Olson, Jeremy | Republican | Nay |
| Osowski, Doug | Republican | Not Voting |
| Ostlie, Mitch | Republican | Yea |
| Porter, Todd | Republican | Yea |
| Pyle, Brandy L. | Republican | Yea |
| Richter, David | Republican | Yea |
| Rios, Nico | Republican | Nay |
| Rohr, Karen M. | Republican | Nay |
| Ruby, Dan | Republican | Nay |
| Ruby, Matthew | Republican | Yea |
| Sanford, Mark | Republican | Yea |
| Satrom, Bernie | Republican | Yea |
| Schatz, Mike | Republican | Yea |
| Schauer, Austen | Republican | Yea |
| Schreiber-Beck, Cynthia | Republican | Yea |
| Steiner, Vicky | Republican | Yea |
| Stemen, Gregory | Republican | Yea |
| Swiontek, Steve | Republican | Yea |
| Toman, Nathan | Republican | Nay |
| Tveit, Bill | Republican | Yea |
| VanWinkle, Lori | Republican | Nay |
| Vetter, Steve | Republican | Yea |
| Vigesaa, Don | Republican | Yea |
| Vollmer, Daniel R. | Republican | Yea |
| Wagner, Scott | Republican | Yea |
| Warrey, Jonathan | Republican | Yea |
| Weisz, Robin | Republican | Yea |
| Wolff, Christina | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 41 | 0 | 0 | 1 |
| Democratic | 5 | 0 | 0 | 0 |
| Total | 46 | 0 | 0 | 1 |
| % of votes cast | 98% | 0% | 0% | 2% |
How each member voted (47)
| Member | Party | Vote |
|---|---|---|
| Boschee, Josh | Democratic | Yea |
| Braunberger, Ryan | Democratic | Yea |
| Hogan, Kathy | Democratic | Yea |
| Marcellais, Richard | Democratic | Yea |
| Mathern, Tim | Democratic | Yea |
| Axtman, Michelle | Republican | Yea |
| Barta, Jeff | Republican | Yea |
| Beard, Todd | Republican | Yea |
| Bekkedahl, Brad | Republican | Yea |
| Boehm, Keith | Republican | Yea |
| Burckhard, Randy A. | Republican | Yea |
| Castaneda, Jose L. | Republican | Yea |
| Cleary, Sean | Republican | Yea |
| Clemens, David A. | Republican | Yea |
| Conley, Cole | Republican | Yea |
| Cory, Claire | Republican | Yea |
| Davison, Kyle | Republican | Yea |
| Dever, Dick | Republican | Yea |
| Dwyer, Michael | Republican | Not Voting |
| Enget, Mark | Republican | Yea |
| Erbele, Robert | Republican | Yea |
| Gerhardt, Justin | Republican | Yea |
| Hogue, David | Republican | Yea |
| Kessel, Greg | Republican | Yea |
| Klein, Jerry | Republican | Yea |
| Larson, Diane | Republican | Yea |
| Lee, Judy | Republican | Yea |
| Lemm, Randy D. | Republican | Yea |
| Luick, Larry | Republican | Yea |
| Magrum, Jeffery J. | Republican | Yea |
| Meyer, Scott | Republican | Yea |
| Myrdal, Janne | Republican | Yea |
| Patten, Dale | Republican | Yea |
| Paulson, Bob | Republican | Yea |
| Powers, Michelle | Republican | Yea |
| Roers, Kristin | Republican | Yea |
| Rummel, Dean | Republican | Yea |
| Schaible, Donald | Republican | Yea |
| Sickler, Jonathan | Republican | Yea |
| Sorvaag, Ronald | Republican | Yea |
| Thomas, Paul J. | Republican | Yea |
| Walen, Chuck | Republican | Yea |
| Wanzek, Terry M. | Republican | Yea |
| Weber, Mark F. | Republican | Yea |
| Weston, Kent | Republican | Yea |
| Wobbema, Mike | Republican | Yea |
| van Oosting, Desiree | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 2014 do?
- Relating to a rail revolving loan fund and uses of the abandoned oil and gas well plugging and site reclamation fund; to amend and reenact subsection 7 of section 6‑08.1‑02 and sections 6‑09‑35, 6‑09‑46.2, 6‑09.7‑05, 6‑09.14‑04, and 49‑17.1‑02.1, subsection 1 of section 54‑17‑40, and subdivision a of subsection 4 of section 54‑17.7‑04 of the North Dakota Century Code, and section 15 of chapter 14 of the 2023 Session Laws, relating to confidential and exempt records of the Bank of North Dakota, the rebuilders loan program, loan guarantees through the strategic investment and improvements fund, interest rate buydown limits for the partnership in assisting community expansion fund, department of transportation review and approval of rail projects, uses of the housing incentive fund, North Dakota pipeline borrowing authority, and a salt cavern underground energy storage research project; to repeal section 3 of Senate Bill No. 2188, as approved by the sixty-ninth legislative assembly, relating to a transfer from the strategic investment and improvements fund to the clean sustainable energy fund; to provide a deficiency appropriation; to provide for a transfer; to provide an exemption; to provide for a legislative management study; to provide for a legislative management report; to provide for a report; to provide an effective date; and to declare an emergency.
- Who sponsors SB 2014?
- SB 2014 is sponsored by Appropriations.
- What is the current status of SB 2014?
- This bill has been enacted into law. Introduced January 07, 2025. Enacted.
- Where can I track SB 2014?
- Track SB 2014 free on One Click Politics — get push/email alerts when it moves.
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