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ND SB2314

ND SB2314
The investigation of and penalty for approving a development agreement in the state for a foreign adversary; and to provide a penalty.


summary

Introduced
01/20/2025
In Committee
02/14/2025
Crossed Over
Passed
Dead
05/03/2025

Introduced Session

69th Legislative Assembly

Bill Summary

A BILL for an Act to create and enact a new section to chapter 54-06 of the North Dakota Century Code, relating to the prohibition of, investigation of, and penalty for approving a development agreement in the state for a foreign adversary; to amend and reenact sections 11-11-70 and 40-05-26 of the North Dakota Century Code, relating to the investigation of and penalty for approving a development agreement in the state for a foreign adversary; and to provide a penalty.

AI Summary

This bill creates new restrictions and penalties for development agreements involving foreign adversaries in North Dakota, applying to county commissioners, city councils, and state entities. Specifically, these government bodies are prohibited from approving development agreements with individuals or governments identified as foreign adversaries under federal regulations or on the Office of Foreign Assets Control sanctions list. However, the prohibition does not apply to foreign adversaries who are duly registered businesses in good standing for at least seven years, have been approved by the Committee on Foreign Investment in the United States, and maintain an active national security agreement with the federal government. If a complaint is made alleging a violation, the county sheriff and state's attorney are required to investigate and report the matter to the state and local intelligence center and the FBI. Individuals found in violation of these provisions would be charged with a class C felony and permanently barred from holding state office. The bill updates existing law by changing certain regulatory references and adding explicit investigation and penalty provisions to prevent potential national security risks from foreign adversary development projects.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Second reading, failed to pass, yeas 8 nays 37 (on 02/17/2025)

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