25.3101.01000
Sixty-ninth
Legislative Assembly
of North Dakota
Introduced by
Senators Magrum, Walen
Representatives S. Olson, Hoverson
A concurrent resolution directing the Legislative Management to consider studying the feasibility
and desirability of establishing a state-owned association for the development and production of
oil and gas.
WHEREAS, the State of North Dakota historically has demonstrated successful
implementation of state-owned enterprises, including the Bank of North Dakota and the North
Dakota Mill and Elevator Association; and
WHEREAS, the production and development of oil and gas is vital to the economy of the
state; and
WHEREAS, a study of the feasibility of developing a state-owned association for the
development and production of oil and gas, including the exploration, extraction, transportation,
storing, processing, refining, and the direct sale of oil and gas products would provide the state
and the Legislative Assembly information necessary to determine if the model of the Bank of
North Dakota and the North Dakota Mill and Elevator Association would achieve the goal of
maximizing economic benefits to the state and its citizens;
NOW, THEREFORE, BE IT RESOLVED BY THE SENATE OF NORTH DAKOTA, THE
HOUSE OF REPRESENTATIVES CONCURRING THEREIN:
That the Legislative Management consider studying the feasibility and desirability of
establishing a state-owned association for the development and production of oil and gas; and
BE IT FURTHER RESOLVED , that the Legislative Management report its findings and
recommendations, together with any legislation necessary to implement the recommendations,
to the Seventieth Legislative Assembly.
Page No. 1 25.3101.01000
SENATE CONCURRENT RESOLUTION NO. 4026
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