North Dakota legislation · 69th Legislative Assembly
North Dakota HB1453: A BILL for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies; and to provide a penalty.
Status: Failed, February 24, 2025
Relating to prohibiting natural asset companies; and to provide a penalty.
What the bill says
A bill for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies; and to provide a penalty.
From the engrossed text, February 24, 2025:
A BILL for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies; and to provide a penalty. BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA: SECTION 1. A new section to chapter 21-06 of the North Dakota Century Code is created and enacted as follows: Natural asset companies prohibited - Penalty . 1. As used in this section, "natural asset company" means a corporation that holds the rights to the ecological performance produced by natural or working areas and has the authority to manage the areas for conservation, restoration, or sustainable management with a primary purpose to actively manage, maintain, restore, grow, and monetize the value of natural assets and the production of ecosystem services. The term includes a company affiliated with a natural asset company, controlled by a natural asset company, or under common control with a natural asset company. 2. This state or a political subdivision may not: a. Sell, lease, license, grant a lien, or otherwise encumber land or resources owned, leased, or controlled by the state, or the rights to the land or resources, including land, resources, or the rights to the land or resources owned by a state retirement system, to a natural asset company; or b. Otherwise …
Sponsors
- Dori Hauck (R, 36) · primary sponsor
- Ty Dressler (R, 36)
- Jay Fisher (R, 5)
- Justin Gerhardt (R, 34)
- Jared Hagert (R, 20)
- Greg Kessel (R, 39)
- Larry Luick (R, 25)
- Desiree Morton (R, 46)
- Anna Novak (R, 33)
- Paul Thomas (R, 6)
Latest actions
- : Second reading, failed to pass, yeas 45 nays 48
- : Amendment adopted, placed on calendar
- : Reported back amended, do pass, amendment placed on calendar 12 2 0
- : Committee Hearing 08:00
- : Introduced, first reading, referred Agriculture Committee
Votes
- Final Passage (February 24, 2025): 45 yea, 48 nay, failed
Common questions
- What is HB1453?
- HB1453 is a bill in the North Dakota Legislature (69th Legislative Assembly): A BILL for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies; and to provide a penalty.
- What does HB1453 do?
- In its own words: A bill for an Act to create and enact a new section to chapter 21-06 of the North Dakota Century Code, relating to prohibiting natural asset companies; and to provide a penalty.
- What is the status of HB1453?
- Failed as of February 24, 2025. Latest action: Second reading, failed to pass, yeas 45 nays 48 (February 24, 2025).
- Who sponsored HB1453?
- Dori Hauck (R, 36), with 9 co-sponsors.
- Where is the official record for HB1453?
- On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1453.html
Source: official North Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.