What is the status of SB2097?

Failed as of April 15, 2025. Latest action: Second reading, failed to pass, yeas 20 nays 72 (April 15, 2025).

Who sponsored SB2097?

Tim Mathern (D, 11), with 2 co-sponsors.

Where is the official record for SB2097?

On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2097.html

North Dakota legislation · 69th Legislative Assembly

North Dakota SB2097: A BILL for an Act to create and enact a new section to chapter 54-60 of the North Dakota Century Code, relating to the creation of a rural community endowment fund and a rural community endowment fund committee; to provide an appropriation for the rural community endowment fund; to provide for a transfer; and to provide for a report.

Q: What is SB2097?

SB2097 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 54-60 of the North Dakota Century Code, relating to the creation of a rural community endowment fund and a rural community endowment fund committee; to provide an appropriation for the rural community endowment fund; to provide for a transfer; and to provide for a report.

Q: What does SB2097 do?

In its own words: A bill for an Act to create and enact a new section to chapter 54-60 of the North Dakota Century Code, relating to the creation of a rural community endowment fund and a rural community endowment fund committee; to provide an appropriation for the rural community endowment fund; to provide for a transfer; and to provide for a report.

Status: Failed, April 15, 2025

Relating to the creation of a rural community endowment fund and a rural community endowment fund committee; to provide an appropriation for the rural community endowment fund; to provide for a transfer; and to provide for a report.

What the bill says

A bill for an Act to create and enact a new section to chapter 54-60 of the North Dakota Century Code, relating to the creation of a rural community endowment fund and a rural community endowment fund committee; to provide an appropriation for the rural community endowment fund; to provide for a transfer; and to provide for a report.

From the amended text, April 1, 2025:

A BILL for an Act to create and enact a new section to chapter 54-60 of the North Dakota Century Code, relating to the creation of a rural community endowment fund and a rural community endowment fund committee; to provide an appropriation for the rural community endowment fund; to provide for a transfer; and to provide for a report. BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA: SECTION 1. A new section to chapter 54-60 of the North Dakota Century Code is created and enacted as follows: Rural community endowment fund - Rural community endowment fund committee - Purpose - Limitations - Report. 1. There is created in the state treasury a special fund known as the rural community endowment fund, which is a permanent endowment fund under the administration of the department. 2. The rural community endowment fund consists of any moneys transferred to the fund by the legislative assembly and any gifts, donations, or bequests received by the department for purposes identified in this section. The principal of the fund may not be expended. The department shall determine if any gifts, donations, or bequests provided for deposit in the fund are considered permanent in nature and to be dedicated as principal of the fund in perpetuity or for a term of years, in which case only …

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