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Legislative Finance Committee visits Upper Gallinas Watershed

On Tuesday, Aug. 22, members of the Legislative Finance Committee (LFC) took a field trip to the Upper Gallinas Watershed led by the Hermit’s Peak Watershed Alliance. There, legislators learned ....

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Gov. Doug Burgum, Grand Forks lawmakers highlight session's accomplishments, disappointments

Governor says work done on the Legacy Fund deserves mention. At least three local lawmakers agree. ....

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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
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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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Lawmakers want to invest oil tax revenue 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. ....

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