North Dakota legislation · 69th Legislative Assembly
North Dakota HB1278: AN ACT to create and enact two new sections to chapter 54-11 of the North Dakota Century Code, relating to the management of moneys in the state treasury and a cash management board; to provide a report; and to provide an expiration date.
Status: Signed into law, April 14, 2025
Relating to the management of moneys in the state treasury and a cash management board; to provide a report; and to provide an expiration date.
What the bill says
An act to create and enact two new sections to chapter 54-11 of the North Dakota Century Code, relating to the management of moneys in the state treasury and a cash management board; to provide a report; and to provide an expiration date.
From the enrolled text, April 4, 2025:
AN ACT to create and enact two new sections to chapter 54-11 of the North Dakota Century Code, relating to the management of moneys in the state treasury and a cash management board; to provide a report; and to provide an expiration date. SECTION 1. A new section to chapter 54-11 of the North Dakota Century Code is created and enacted as follows: Moneys in the state treasury - Management. The state treasurer in coordination with the Bank of North Dakota and the cash management board shall review existing policies and procedures and, if necessary, develop policies and procedures for the management of moneys in the state treasury. For purposes of this section, moneys in the state treasury: 1. Include the general fund and special funds. 2. Exclude the veterans' postwar trust fund and funds invested by the state investment board and the board of university and school lands. SECTION 2. A new section to chapter 54-11 of the North Dakota Century Code is created and enacted as follows: Cash management board - Report. 1. The cash management board is created to: a. Review existing policies and, if necessary, develop policies in coordination with the state treasurer and the Bank of North Dakota for the management of moneys in the state treasury. b. Provide transparency regarding the state's consolidated financial …
Sponsors
- Mike Lefor (R, 37) · primary sponsor
- Brad Bekkedahl (R, 1)
- David Hogue (R, 38)
- Dale Patten (R, 26)
- Dean Rummel (R, 37)
- Steve Swiontek (R, 10)
- Donald Vigesaa (R, 29)
- Dan Vollmer (R, 6)
Latest actions
- : Filed with Secretary Of State 04/11
- : Signed by Governor 04/10
- : Sent to Governor
- : Signed by Speaker
- : Signed by President
- : Second reading, passed, yeas 90 nays 1
- : Concurred
- : Returned to House (12)
- : Second reading, passed as amended, yeas 45 nays 1
- : Amendment adopted, placed on calendar
Votes
- Final Passage (April 2, 2025): 90 yea, 1 nay, passed
- Final Passage (March 20, 2025): 45 yea, 1 nay, passed
- Final Passage (February 13, 2025): 85 yea, 0 nay, passed
Common questions
- What is HB1278?
- HB1278 is a bill in the North Dakota Legislature (69th Legislative Assembly): AN ACT to create and enact two new sections to chapter 54-11 of the North Dakota Century Code, relating to the management of moneys in the state treasury and a cash management board; to provide a report; and to provide an expiration date.
- What does HB1278 do?
- In its own words: An act to create and enact two new sections to chapter 54-11 of the North Dakota Century Code, relating to the management of moneys in the state treasury and a cash management board; to provide a report; and to provide an expiration date.
- What is the status of HB1278?
- Signed into law as of April 14, 2025. Latest action: Filed with Secretary Of State 04/11 (April 14, 2025).
- Who sponsored HB1278?
- Mike Lefor (R, 37), with 7 co-sponsors.
- Where is the official record for HB1278?
- On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1278.html
Source: official North Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.