North Dakota SB2327: AN ACT to amend and reenact sections 4.1-01.1-07 and 4.1-01.1-08 of the North Dakota Century Code, relating to uses of the agriculture diversification and development fund and committee; to provide an appropriation; and to provide for a transfer.

What the bill says

An act to amend and reenact sections 4.1-01.1-07 and 4.1-01.1-08 of the North Dakota Century Code, relating to uses of the agriculture diversification and development fund and committee; to provide an appropriation; and to provide for a transfer.

From the enrolled text, April 21, 2025:

AN ACT to amend and reenact sections 4.1-01.1-07 and 4.1-01.1-08 of the North Dakota Century Code, relating to uses of the agriculture diversification and development fund and committee; to provide an appropriation; and to provide for a transfer. SECTION 1. AMENDMENT. Section 4.1-01.1-07 of the North Dakota Century Code is amended and reenacted as follows: 4.1-01.1-07. Agriculture diversification and development fund - Continuing appropriation. 1. There is created in the state treasury the agriculture diversification and development fund. The fund consists of all moneys transferred to the fund by the legislative assembly, interest upon moneys in the fund, and payments of interest and principal on loans made from the fund. Moneys in the fund are appropriated to the Bank of North Dakota on a continuing basis for loan disbursements and administrative costs pursuant to this section, and moneys in the fund are appropriated to the agriculture commissioner on a continuing basis for grants pursuant to this section and section 4.1-01-27. The agriculture diversification and development committee shall designate the amount available from the fund for loans, interest rate buydowns, and grants. 2. Loans, interest rate buydowns, or grants under subsections 3 and 4 may be issued from the fund to support new or expanding value-added agriculture businesses that demonstrate financial feasibility, enhance profitability for farmers and ranchers, create jobs, and …

Read the full official text

Sponsors

• Terry Wanzek (R, 29) · primary sponsor
• Mike Beltz (R, 20)
• Michael Brandenburg (R, 28)
• Cole Conley (R, 12)
• Robert Erbele (R, 28)
• Jared Hagert (R, 20)

Latest actions

1. April 24, 2025: Filed with Secretary Of State 04/23
2. April 23, 2025: Signed by Governor 04/22
3. April 21, 2025: Sent to Governor
4. April 21, 2025: Signed by President
5. April 21, 2025: Signed by Speaker
6. April 18, 2025: Second reading, passed, yeas 42 nays 4
7. April 18, 2025: Concurred
8. April 16, 2025: Returned to Senate (12)
9. April 16, 2025: Second reading, passed as amended, yeas 74 nays 17
10. April 16, 2025: Amendment adopted, placed on calendar

Votes

• Final Passage (April 18, 2025): 42 yea, 4 nay, passed
• Final Passage (April 16, 2025): 74 yea, 17 nay, passed
• Final Passage (February 21, 2025): 45 yea, 1 nay, passed

Common questions

What is SB2327?

SB2327 is a bill in the North Dakota Legislature (69th Legislative Assembly): AN ACT to amend and reenact sections 4.1-01.1-07 and 4.1-01.1-08 of the North Dakota Century Code, relating to uses of the agriculture diversification and development fund and committee; to provide an appropriation; and to provide for a transfer.

What does SB2327 do?

In its own words: An act to amend and reenact sections 4.1-01.1-07 and 4.1-01.1-08 of the North Dakota Century Code, relating to uses of the agriculture diversification and development fund and committee; to provide an appropriation; and to provide for a transfer.

What is the status of SB2327?

Signed into law as of April 24, 2025. Latest action: Filed with Secretary Of State 04/23 (April 24, 2025).

Who sponsored SB2327?

Terry Wanzek (R, 29), with 5 co-sponsors.

Where is the official record for SB2327?

On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2327.html