Bill

Bill > SB2177


ND SB2177

ND SB2177
County budget limits and the allocation of sales tax revenue; to provide a continuing appropriation; and to provide an expiration date.


summary

Introduced
01/13/2025
In Committee
03/12/2025
Crossed Over
02/14/2025
Passed
03/24/2025
Dead
Signed/Enacted/Adopted
03/26/2025

Introduced Session

Potential new amendment
69th Legislative Assembly

Bill Summary

AN ACT to create and enact a new section to chapter 57-39.2 of the North Dakota Century Code, relating to an animal agriculture facility infrastructure fund; to amend and reenact subsection 9 of section 11-23-02 and section 57-39.2-26 of the North Dakota Century Code, relating to county budget limits and the allocation of sales tax revenue; to provide a continuing appropriation; and to provide an expiration date.

AI Summary

This bill creates an Animal Agriculture Facility Infrastructure Fund and modifies several financial regulations in North Dakota. It allows counties to receive up to $500,000 annually from sales tax collections specifically for infrastructure projects related to animal agriculture facilities. To qualify, facilities must purchase at least $300,000 in eligible tangible personal property for constructing, expanding, or upgrading animal agriculture buildings during a calendar year. Counties receiving these funds must deposit them in a special infrastructure development fund that can be used for infrastructure projects near animal agriculture facilities or other county expenses. The bill also modifies existing county cash reserve limits, specifically exempting the infrastructure development fund from the typical 75% cap. Additionally, townships within a county can request a portion of these funds from the county for road projects near animal agriculture facilities, subject to county commissioner approval. The bill is set to expire on June 30, 2029, and provides a mechanism for pro-rata distribution if certified amounts exceed the $500,000 annual limit. The aim appears to be supporting and incentivizing animal agriculture infrastructure development in North Dakota counties.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Senate Amendment 25.0947.04000 - Senate Amendment 25.0947.04000 (on 05/16/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...