ND
North Dakota House Bill HB1546

North Dakota 2023 1st Special Session

North Dakota House Bill HB1546

Introduced
10/23/23  
Refer
10/23/23  
Report Pass
10/24/23  
Engrossed
10/24/23  
Refer
10/24/23  
Report Pass
10/24/23  
Enrolled
10/25/23  

Caption

The clean sustainable energy authority's fertilizer development incentive program; to provide for retroactive application; and to provide an effective date.

Impact

If enacted, HB 1546 will significantly enhance the state's capabilities to support environmentally responsible fertilizer production. By enabling the construction of plants that utilize innovative hydrogen production methods, the program is anticipated to not only improve agricultural practices but also contribute positively to the state's economy by attracting new facilities and investments. This is seen as a progressive step toward reducing the environmental impacts of fertilizer production and aligning with broader sustainability mandates. The capital allocated for this initiative is set at $125 million, indicating substantial legislative support for these advancements.

Summary

House Bill 1546 introduces a fertilizer development incentive program managed by the Clean Sustainable Energy Authority in North Dakota. The bill aims to promote sustainable practices within the state's fertilizer production industry by providing financial support in the form of loans with favorable terms. Specifically, the program involves loan forgiveness for entities that construct fertilizer facilities using hydrogen produced from water electrolysis, thus aligning with environmental sustainability goals. This legislative initiative reflects North Dakota's commitment to advancing clean energy technologies while fostering economic growth.

Sentiment

The sentiment around HB 1546 appears to be predominantly positive, with many stakeholders in favor of promoting clean energy initiatives. Legislators who supported the bill believe it represents a crucial step in fostering innovation in the agricultural sector and addressing environmental concerns. However, there may be some reservations from those who question the long-term impacts of such incentives on the market and existing agricultural practices. Overall, the discourse has centered on the balance between environmental sustainability and economic development.

Contention

Notable contentions surrounding HB 1546 likely revolve around issues of funding allocation and the potential limitations it places on other forms of fertilizer production. Critics may express concerns about how effectively these incentives will work in practice and whether they might unduly favor certain technologies or companies over others. The retroactive application of the bill could also be a point of debate, potentially raising questions about equitable implementation and fairness in distributing benefits among existing producers versus newcomers.

Latest HB1546 Activity

Companion Bills

No companion bills found.

Previously Filed As

ND HB1014

Fuel production facility loan guarantee reserve funding, the housing incentive fund, the powers of the North Dakota pipeline authority, definitions for the clean sustainable energy authority, a clean sustainable energy authority line of credit, and an appropriation from the state fiscal recovery fund; to provide a contingent appropriation; to provide for a transfer; to provide an exemption; to provide for a study; to provide for a report; to provide a statement of legislative intent; to provide an effective date; and to declare an emergency.

ND SB2015

A transfer of Bank of North Dakota profits to a water infrastructure revolving loan fund; to provide for a transfer; to provide an exemption; to provide for a legislative management study; to provide a report; to provide a penalty; to provide for application; to provide a retroactive effective date; to provide a contingent effective date; to provide an effective date; and to declare an emergency.

ND HB1215

Business incentives, agreements, and reports administered by the department of commerce.

ND HB1018

The legacy investment for technology program, the North Dakota development fund, the workforce enhancement council, the administration of uncrewed aircraft system programs, workforce development grants to tribally controlled community colleges, and a North Dakota development fund grant program; to provide a transfer; to provide an exemption; to provide for a report; and to declare an emergency.

ND SB2165

Membership of the clean sustainable energy authority.

ND HB1369

A fertilizer development fund; to provide for a legislative management report; to provide a continuing appropriation; and to provide for a transfer.

ND HB1168

Evaluation of economic development tax incentives; and to provide an effective date.

ND HB1379

The legacy sinking and interest fund and the legacy earnings fund; to provide an effective date; and to declare an emergency.

ND SB2220

An allocation from the legacy earnings fund and eligible projects under the housing incentive fund; to provide an effective date; and to declare an emergency.

ND SB2012

The autism voucher; to provide a statement of legislative intent; to provide for a legislative management study; to provide for a report; to provide an effective date; and to declare an emergency.

Similar Bills

No similar bills found.