25.0992.04000 Sixty-ninth Legislative Assembly of North Dakota Introduced by Senators Meyer, Burckhard, Hogan, Luick, Sorvaag Representative Schauer A BILL for an Act to provide an appropriation to the department of veterans' affairs for a veterans' national cemetery grant; to authorize a line of credit; and to provide for a report. BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA: SECTION 1. LINE OF CREDIT - BANK OF NORTH DAKOTA - APPROPRIATION - DEPARTMENT OF VETERANS' AFFAIRS - DEFICIENCY APPROPRIATION REQUEST - VETERANS' NATIONAL CEMETERY GRANT - ONE -TIME FUNDING - REPORT. Subject to the provisions of this section, the department of veterans' affairs may borrow up to $3,000,000 through a line of credit from the Bank of North Dakota during the biennium beginning July 1, 2025, and ending June 30, 2027, the proceeds of which are appropriated to the department of veterans' affairs, for the purpose of providing a grant to a nonprofit organization for construction costs associated with the construction of a welcome center, parking lot, and related infrastructure at a veterans' national cemetery in the state, for the biennium beginning July 1, 2025, and ending June 30, 2027. The appropriation in this section is considered a one-time funding item. The interest rate on the line of credit may not exceed the prevailing interest rate charged to North Dakota governmental entities. If the department of veterans' affairs accesses the line of credit, the department of veterans' affairs shall request a deficiency appropriation from the legislative assembly to repay the line of credit. The appropriation in this section is available only upon certification by the department of veterans' affairs to the director of the office of management and budget that the United States department of veterans affairs national cemetery administration will provide planning and oversight for the project. The department of veterans' affairs shall require an organization that receives a grant under this section to provide a report to the department of veterans' affairs on the use of the funds received, including copies Page No. 1 25.0992.04000 REENGROSSED SENATE BILL NO. 2265 SECOND ENGROSSMENT with House Amendments 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Sixty-ninth Legislative Assembly of all invoices and checks. The department of veterans' affairs shall provide the information received from the organization to the legislative audit and fiscal review committee and report to the committee on the status of the project during the 2025-26 interim. Page No. 2 25.0992.04000 1 2 3