Bill > HB1576

This bill directs the Legislative Management (the interim legislative committee in North Dakota) to conduct a comprehensive study of oil and gas tax revenue allocation formulas during the 2025-26 interim period. The study will examine both current and historical methods of distributing tax revenues to political subdivisions (such as counties, cities, and townships), with a specific focus on determining the appropriate level of allocations based on infrastructure needs and impacts related to oil and gas development. The Legislative Management is required to complete the study and provide a report to the 70th Legislative Assembly, which will include their findings, recommendations, and any proposed legislation needed to implement those recommendations. This type of interim study is a common legislative approach to thoroughly evaluate complex policy issues and potential reforms in a systematic, detailed manner before potentially introducing substantive legislative changes.