Bill > HCR3001

This concurrent resolution encourages the State Treasurer and State Investment Board to invest portions of three specific state funds (the general fund, budget stabilization fund, and legacy fund) in digital assets and precious metals. The resolution is motivated by concerns about inflation eroding the purchasing power of state funds and the need to protect the state's financial resources against economic uncertainties. The whereas clauses highlight the importance of investment diversification and adapting to changing economic conditions. The resolution suggests that investing in digital assets (like cryptocurrencies) and precious metals could be a strategy to preserve the state's financial resources and provide protection against inflation. As a final step, the resolution directs the Secretary of State to forward copies of the resolution to the State Treasurer and State Investment Board members, ensuring they are aware of the Legislative Assembly's encouragement to explore these alternative investment options.

Business and Industry

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo3001.html