Bill > HCR3035

This joint resolution proposes a constitutional amendment to modify how distributions are made from the common schools trust fund in North Dakota. The resolution would allow for additional funding specifically targeted at school construction, providing $600 million in biennial distributions over a ten-year period (from 2027-28 through 2035-36) to support statewide school construction efforts. The amendment maintains the existing requirement that distributions from the trust fund must be used exclusively for the benefit of common schools, and establishes a consistent distribution method of calculating biennial funds as ten percent of the five-year average value of trust assets (excluding land and mineral values). The proposed amendment will be submitted to North Dakota voters at the 2026 general election, and if approved, would provide a significant new funding mechanism for school infrastructure across the state, with $300 million made available each year for school construction projects through a structured, transparent distribution process.

Budget and Finance, Education

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo3035.html