North Dakota legislation · 69th Legislative Assembly
North Dakota HB1550: A BILL for an Act to create and enact a new chapter to title 6 of the North Dakota Century Code, relating to a nursing and basic care facility loan guarantee program.
Status: Failed, February 12, 2025
Relating to a nursing and basic care facility loan guarantee program.
What the bill says
A bill for an Act to create and enact a new chapter to title 6 of the North Dakota Century Code, relating to a nursing and basic care facility loan guarantee program.
From the introduced text, January 20, 2025:
A BILL for an Act to create and enact a new chapter to title 6 of the North Dakota Century Code, relating to a nursing and basic care facility loan guarantee program. BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA: SECTION 1. A new chapter to title 6 of the North Dakota Century Code is created and enacted as follows: Nursing and basic care facility loan guarantee program - Administration. 1. The Bank of North Dakota shall: a. Administer the nursing and basic care facility loan guarantee program to guarantee loans for the construction or renovation of nursing and basic care facilities; and b. Establish the types of loans and related projects eligible to be guaranteed under this chapter. 2. The Bank of North Dakota may accept and administer, on behalf of the state from any source, any property or any interest in the property, and the income from the property or interest, for any purpose of the nursing and basic care facility loan guarantee program. 3. A guarantee obligation of the Bank of North Dakota is not payable out of any moneys of the Bank of North Dakota except those made available to the Bank of North Dakota under this chapter. Establishment and maintenance of adequate guarantee funds - Use of strategic investment and improvements fund. The …
Sponsors
- Jon Nelson (R, 14) · primary sponsor
- Mike Berg (R, 8)
- Dwight Kiefert (R, 24)
- Jerry Klein (R, 14)
- Alisa Mitskog (D, 25)
- Anna Novak (R, 33)
- Emily O'Brien (R, 42)
- Donald Schaible (R, 31)
- Robin Weisz (R, 14)
Latest actions
- : Second reading, failed to pass, yeas 3 nays 89
- : Reported back, do not pass, placed on calendar 12 0 1
- : Committee Hearing 03:30
- : Introduced, first reading, referred Human Services Committee
Votes
- Final Passage (February 12, 2025): 3 yea, 89 nay, failed
Common questions
- What is HB1550?
- HB1550 is a bill in the North Dakota Legislature (69th Legislative Assembly): A BILL for an Act to create and enact a new chapter to title 6 of the North Dakota Century Code, relating to a nursing and basic care facility loan guarantee program.
- What does HB1550 do?
- In its own words: A bill for an Act to create and enact a new chapter to title 6 of the North Dakota Century Code, relating to a nursing and basic care facility loan guarantee program.
- What is the status of HB1550?
- Failed as of February 12, 2025. Latest action: Second reading, failed to pass, yeas 3 nays 89 (February 12, 2025).
- Who sponsored HB1550?
- Jon Nelson (R, 14), with 8 co-sponsors.
- Where is the official record for HB1550?
- On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1550.html
Source: official North Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.