Bill > SB2143

This bill amends Section 57-51.1-07.9 of the North Dakota Century Code to extend the timeframe for the state energy research center fund from June 30, 2029, to June 30, 2033. The bill maintains the existing provision that one percent of oil and gas gross production tax and oil extraction tax revenues, up to $7.5 million per biennium, will be deposited into the state energy research center fund. These funds are appropriated on a continuing basis to the industrial commission for distribution to the state energy research center, which must use the funds in accordance with section 15-11-40 of the state code. The key change is simply the extension of the fund's effective date by four years, ensuring continued financial support for energy research in North Dakota during that period.

Agriculture and Natural Resources, Budget and Finance

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2143.html