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Page 15 - பெரும்பான்மை தலைவர் பணக்கார வார்டர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lawmakers want to invest Legacy Fund in North Dakota firms, infrastructure loans

Lawmakers want to invest Legacy Fund in North Dakota firms, infrastructure loans House Bill 1425 would set a target for the State Investment Board to designate 10% of tax collections flowing into the voter-approved Legacy Fund for creating loans tailored to North Dakota cities, counties and businesses. Another 10% would be earmarked to invest in stock and other equity in North Dakota-based companies.  Written By: Jeremy Turley | × Rep. Mike Nathe, R-Bismarck, speaks about a proposal for investing North Dakota s Legacy Fund at a press conference in the state Capitol on Tuesday, Jan. 19. Jeremy Turley / Forum News Service BISMARCK A bipartisan group of North Dakota lawmakers has set its gaze on investing a chunk of the state s future oil tax revenue in local businesses and infrastructure projects.

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