25.0451.01001
Title.02000
Adopted by the Finance and Taxation
Committee
Sixty-ninth
February 5, 2025
Legislative Assembly
of North Dakota
Introduced by
Representatives Satrom, Ostlie
Senator Conley
A BILL for an Act to create and enact a new section to chapter 21-10 of the North Dakota
Century Code, relating to a legacy fund disclosure website.
BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA:
SECTION 1. A new section to chapter 21-10 of the North Dakota Century Code is created
and enacted as follows:
Legacy fund disclosure website .
1.The state investment board shall maintain a publicly accessible website containing
information regarding all legacy fund investments.
2.The website must list all companies, funds, derivatives, and other financial
mechanisms in which the legacy fund is invested in accordance with state and federal
laws . For each investment, the website must list the:
a. Name of the company, fund, derivative, or other financial mechanism;
b. Country of incorporation or, if there is not a country of incorporation, the county of
the principle manager of the fund, derivative, or other financial mechanism; and
c. Amount of legacy fund money invested in the company, fund, derivative, or other
financial mechanism.
3. Within the limits of legislative appropriations, the state retirement and investment office
may spend moneys necessary for the development and maintenance of the website.
Page No. 1 25.0451.01001
HOUSE BILL NO. 1319
PROPOSED AMENDMENTS TO
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