North Dakota legislation · 69th Legislative Assembly
North Dakota HCR3001: A concurrent resolution encouraging the State Treasurer and State Investment Board to invest selected state funds in digital assets and precious metals.
Status: Failed, April 9, 2025
What the bill says
A concurrent resolution encouraging the State Treasurer and State Investment Board to invest selected state funds in digital assets and precious metals.
From the introduced text, January 7, 2025:
A concurrent resolution encouraging the State Treasurer and State Investment Board to invest selected state funds in digital assets and precious metals. WHEREAS, inflation erodes the purchasing power of money held in state funds and affects the state's financial stability and economic security; and WHEREAS, the State Treasurer and State Investment Board have a responsibility to safeguard the state's financial resources against the impacts of inflation and other economic uncertainties; and WHEREAS, investment diversification may preserve the state's financial resources purchasing power and protect against inflation; and WHEREAS, changing economic conditions and emerging investment opportunities require prudent investment of the state's financial resources; NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF NORTH DAKOTA, THE SENATE CONCURRING THEREIN: That the Legislative Assembly encourages the State Treasurer and State Investment Board to invest a portion of the state general fund, budget stabilization fund, and legacy fund in digital assets and precious metals; and BE IT FURTHER RESOLVED, that the Secretary of State forward copies of this resolution to the State Treasurer and the members of the State Investment Board. Page No. 1 25.3033.01000
Sponsors
- Nathan Toman (R, 34) · primary sponsor
- Jeff Barta (R, 43)
- Matthew Heilman (R, 7)
- Jared Hendrix (R, 10)
- Daniel Johnston (R, 24)
- SuAnn Olson (R, 8)
- Bob Paulson (R, 3)
- Todd Porter (R, 34)
Latest actions
- : Second reading, failed to adopt
- : Reported back, do not pass, placed on calendar 5 0 0
- : Committee Hearing 02:30
- : Introduced, first reading, referred Industry and Business Committee
- : Received from House
- : Second reading, adopted yeas 83 nays 5
- : Reported back, do pass, place on calendar 11 1 2
- : Committee Hearing 09:00
- : Introduced, first reading, referred Industry, Business and Labor Committee
Votes
- Final Passage (January 31, 2025): 83 yea, 5 nay, passed
Common questions
- What is HCR3001?
- HCR3001 is a bill in the North Dakota Legislature (69th Legislative Assembly): A concurrent resolution encouraging the State Treasurer and State Investment Board to invest selected state funds in digital assets and precious metals.
- What does HCR3001 do?
- In its own words: A concurrent resolution encouraging the State Treasurer and State Investment Board to invest selected state funds in digital assets and precious metals.
- What is the status of HCR3001?
- Failed as of April 9, 2025. Latest action: Second reading, failed to adopt (April 9, 2025).
- Who sponsored HCR3001?
- Nathan Toman (R, 34), with 7 co-sponsors.
- Where is the official record for HCR3001?
- On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo3001.html
Source: official North Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.