Bill > HCR39

This Concurrent Resolution requests the Joint Committee on Government and Finance, a legislative body responsible for overseeing state finances and government operations, to conduct a study on the feasibility of establishing a bank operated by the state. The purpose of such a bank would be to encourage and promote agriculture, commerce, and industry within the state, similar to the Bank of North Dakota, which serves as an example of a state-owned bank that invests in its state's economy. The study will also determine the necessary staffing and costs associated with creating and operating a state bank, and the committee is required to report its findings, conclusions, and any proposed legislation to the Legislature by the 2018 regular session, with the costs of the study to be covered by existing legislative appropriations.