North Dakota 69th Legislative Assembly (2025-26) Status: In Committee 10 R cosponsors

HB 1453 — A BILL for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies; and to provide a penalty.

Last action — Second reading, failed to pass, yeas 45 nays 48

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

This bill died with 69th Legislative Assembly (2025-26). It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Relating to prohibiting natural asset companies; and to provide a penalty.

Bill Text

What changed in the latest version

55 added · 58 removed

Plain-language change summary

The bill HB 1453 has been updated to more precisely define what a "natural asset company" is, expanding its definition to include companies that are affiliated with or controlled by a natural asset company. Additionally, the updated version removes a provision that prohibited engaging with natural asset companies in any way related to bond offerings. These changes are significant because they clarify the scope of what constitutes a natural asset company and limit potential financial dealings with them, reinforcing a focus on protecting public resources from privatization or commercial exploitation.

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25.1078.01000 Sixty-ninth Legislative Assembly HOUSE BILL NO.
25.1078.02000 Sixty-ninth Legislative Assembly of North Dakota FIRST ENGROSSMENT ENGROSSED HOUSE BILL NO.
1453 of North Dakota Introduced by Representatives Hauck, Fisher, Hagert, Morton, Novak, Dressler Senators Gerhardt, Kessel, Luick, Thomas A BILL for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies;
1453 Introduced by Representatives Hauck, Fisher, Hagert, Morton, Novak, Dressler Senators Gerhardt, Kessel, Luick, Thomas A BILL for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies;
As used in this section, "natural asset company" means a corporation with a primary purpose to actively manage, maintain, restore, and grow the value of natural assets and the company's production of ecosystem services, with a value based on the natural assets and ecosystem services.
As used in this section, "natural asset company" means a corporation that holds the rights to the ecological performance produced by natural or working areas and has the authority to manage the areas for conservation, restoration, or sustainable management with a primary purpose to actively manage, maintain, restore, grow, and monetize the value of natural assets and the production of ecosystem services.
The term includes a company affiliated with a natural asset company, controlled by a natural asset company, or under common control with a natural asset company.
3.
Page No.
1 25.1078.02000 Sixty-ninth Legislative Assembly 3.
or Page No.
or c.
1 25.1078.01000 Sixty-ninth Legislative Assembly c.
b.
or b.
Accept amendments of any existing company's corporate charter or articles of incorporation to convert any existing company into a natural asset company;
Accept amendments of any existing company's corporate charter or articles of incorporation to convert any existing company into a natural asset company.
c.
8.
Permit the authority of any company doing business in this state to continue to transact business in this state if the company becomes a natural asset company;
A contract entered between a natural asset company and the state, a political subdivision, or a person, in violation of this section is void.
d.
Accept filing fees from any natural asset company or permit a natural asset company to enjoy good standing, transact business, or otherwise operate in this state;
or e.
Accept filing fees from a natural asset company or permit a natural asset company to operate in this state.
2 25.1078.01000 Sixty-ninth Legislative Assembly 8.
2 25.1078.02000 Sixty-ninth Legislative Assembly 9.
A contract entered between a natural asset company and the state, a political subdivision, or a person, in violation of this section.
9.
3 25.1078.01000
3 25.1078.02000
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Action History

  1. Second reading, failed to pass, yeas 45 nays 48

  2. Amendment adopted, placed on calendar

  3. Reported back amended, do pass, amendment placed on calendar 12 2 0

  4. Committee Hearing 08:00

  5. Introduced, first reading, referred Agriculture Committee

Sponsors

Sponsorship breakdown

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1 sponsors · 9 co-sponsors · 138 not signed on · 47 voted No

Sponsors (1)

Co-sponsors (9)

Not signed on (138)

138 members have not signed on to this bill.

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"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

Motion for Final Passage on HB 1453

Failed 45 Yea · 48 Nay
Party YeaNayPresentNot Voting
Republican 404200
Democratic 5600
Total 454800
% of votes cast 48%52%0%0%
How each member voted (93)
Member Party Vote
Brown, Collette Democratic Yea
Conmy, Liz Democratic Nay
Davis, Jayme Democratic Yea
Dobervich, Gretchen Democratic Yea
Finley-DeVille, Lisa Democratic Yea
Foss, Austin Democratic Nay
Hager, LaurieBeth Democratic Nay
Hanson, Karla Rose Democratic Yea
Ista, Zachary Democratic Nay
Mitskog, Alisa Democratic Nay
Schneider, Mary Democratic Nay
Anderson, Bert Republican Nay
Anderson, Dick Republican Nay
Anderson, Karen A. Republican Yea
Bahl, Landon Republican Yea
Beltz, Mike Republican Yea
Berg, Mike Republican Nay
Bolinske, Macy Republican Yea
Bosch, Glenn Republican Nay
Brandenburg, Mike Republican Nay
Christianson, Nels Republican Yea
Dockter, Jason Republican Nay
Dressler, Ty Republican Yea
Fegley, Clayton Republican Nay
Fisher, Jay Republican Yea
Frelich, Kathy Republican Yea
Grindberg, Karen Republican Nay
Grueneich, Jim Republican Nay
Hagert, Jared C. Republican Yea
Hatlestad, Patrick R. Republican Nay
Hauck, Dori Republican Yea
Headland, Craig Republican Nay
Heilman, Matthew Republican Yea
Heinert, Pat D. Republican Nay
Henderson, Donna Republican Yea
Hendrix, Jared Republican Yea
Holle, Dawson Republican Yea
Hoverson, Jeff Republican Yea
Johnson, Jorin Republican Yea
Johnston, Daniel Republican Yea
Jonas, Jim Republican Nay
Karls, Karen Republican Nay
Kasper, Jim Republican Yea
Kempenich, Keith Republican Yea
Kiefert, Dwight Republican Yea
Klemin, Lawrence R. Republican Nay
Koppelman, Ben Republican Yea
Lefor, Mike Republican Nay
Longmuir, Donald W. Republican Nay
Louser, Scott Republican Yea
Maki, Roger A. Republican Nay
Marschall, Andrew Republican Yea
Martinson, Bob Republican Nay
McLeod, Carrie Republican Nay
Meier, Lisa Republican Yea
Monson, David Republican Nay
Morton, Desiree Republican Yea
Motschenbacher, Mike Republican Yea
Murphy, Eric J. Republican Nay
Nathe, Mike Republican Nay
Nehring, Dennis Republican Yea
Nelson, Jon O. Republican Nay
Novak, Anna S. Republican Nay
O'Brien, Emily Republican Nay
Olson, Jeremy Republican Yea
Olson, Jeremy Republican Nay
Osowski, Doug Republican Yea
Ostlie, Mitch Republican Nay
Porter, Todd Republican Nay
Pyle, Brandy L. Republican Nay
Richter, David Republican Nay
Rios, Nico Republican Yea
Rohr, Karen M. Republican Yea
Ruby, Dan Republican Nay
Ruby, Matthew Republican Yea
Sanford, Mark Republican Nay
Satrom, Bernie Republican Yea
Schatz, Mike Republican Yea
Schauer, Austen Republican Nay
Schreiber-Beck, Cynthia Republican Nay
Steiner, Vicky Republican Yea
Stemen, Gregory Republican Nay
Swiontek, Steve Republican Nay
Toman, Nathan Republican Nay
Tveit, Bill Republican Yea
VanWinkle, Lori Republican Yea
Vetter, Steve Republican Yea
Vigesaa, Don Republican Nay
Vollmer, Daniel R. Republican Nay
Wagner, Scott Republican Nay
Warrey, Jonathan Republican Nay
Weisz, Robin Republican Yea
Wolff, Christina Republican Yea

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Subjects

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Frequently asked questions

What does HB 1453 do?
Relating to prohibiting natural asset companies; and to provide a penalty.
Who sponsors HB 1453?
HB 1453 is sponsored by Thomas, Paul J. (Republican), Novak, Anna S. (Republican), Morton, Desiree (Republican), Luick, Larry (Republican), Kessel, Greg (Republican), Gerhardt, Justin (Republican), Fisher, Jay (Republican), Dressler, Ty (Republican), Hauck, Dori (Republican), and Hagert, Jared C. (Republican).
What is the current status of HB 1453?
This bill died with 69th Legislative Assembly (2025-26). It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 1453?
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