Bill > SB2304

This bill creates a new section in North Dakota law that requires the state treasurer to withhold oil and gas tax revenue allocations for tribal governments starting in August 2025, and place these funds in an escrow account at the Bank of North Dakota. The withholdings can only be released under two specific conditions: first, when a tribal governing body and the state governor enter into a new agreement regarding oil and gas tax revenues, and second, when the tribal governing body has submitted all required audit reports and responses to audit findings to the federal Bureau of Indian Affairs. The bill appears to be a mechanism to ensure financial accountability and compliance before releasing tax revenue allocations to tribal governments, potentially as a response to past audit or reporting issues.

Budget and Finance

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2304.html