North Dakota · 69th Legislative Assembly (2025-26) · Bill
HB 1435: A BILL for an Act to create and enact a new section to chapter 54-27 of the North Dakota Century Code, relating to a legacy earnings fund; to amend and reenact subsection 1 of section 21-10-06 of the North Dakota Century Code, relating to funds invested by the state investment board; to repeal sections 21-10-12 and 21-10-13 of the North Dakota Century Code, relating to legacy fund definitions and a legacy earnings fund; to provide an effective date; and to declare an emergency.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1435 is a bill introduced in the North Dakota House on January 15, 2025. According to its official title, it concerns: A BILL for an Act to create and enact a new section to chapter 54-27 of the North Dakota Century Code, relating to a legacy earnings fund; to amend and reenact subsection 1 of section 21-10-06 of the North Dakota Century Code, relating to funds invested by the state investment board; to repeal sections 21-10-12 and 21-10-13 of the North Dakota Century Code, relating to legacy fund definitions and a legacy earnings fund; to provide an effective date; and to declare an emergency. Primary sponsor: Keith Kempenich (Republican). It lists 4 additional sponsors. Most recent recorded action (February 12, 2025): Second reading, failed to pass, yeas 4 nays 87.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Relating to a legacy earnings fund; to amend and reenact subsection 1 of section 21‑10‑06 of the North Dakota Century Code, relating to funds invested by the state investment board; to repeal sections 21‑10‑12 and 21‑10‑13 of the North Dakota Century Code, relating to legacy fund definitions and a legacy earnings fund; to provide an effective date; and to declare an emergency.
Sponsors
Sponsors by party (alphabetical): Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Keith Kempenich | Primary sponsor | Republican | House | 39 |
| Brad Bekkedahl | Co-sponsor | Republican | Senate | 1 |
| Greg Kessel | Co-sponsor | Republican | Senate | 39 |
| Scott Meyer | Co-sponsor | Republican | Senate | 18 |
| Jonathan Warrey | Co-sponsor | Republican | House | 22 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Second reading, failed to pass, yeas 4 nays 87
- Reported back, do not pass, placed on consent calendar 13 0 1
- Committee Hearing 10:30
- Introduced, first reading, (emergency), referred Finance and Taxation Committee