North DakotaHB 12342025 Regular SessionHouse

AN ACT to provide a transfer from the strategic investment and improvements fund to the public employees retirement system fund; and to provide for a statement of legislative intent.

Sponsored By: Jason Dockter (Republican)

Signed by Governor

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More funding for North Dakota public pensions

North Dakota’s Office of Management and Budget must transfer $25 million from the Strategic Investment and Improvements Fund to the Public Employees Retirement System Fund. The transfer must occur between July 1, 2025, and June 30, 2027. The law states that this money, plus $65 million in projected deposits under existing law, is intended to reduce the main defined benefit pension plan’s funding gap. It states that these funds are intended to replace an extra pension contribution charge to state government employers during that period. The law does not specify any increase in individual pension benefits.

Sponsors & Cosponsors

Sponsor

  • Jason Dockter

    Republican • House

Cosponsors

  • Glenn Bosch

    Republican • House

  • Mike Lefor

    Republican • House

  • Austen Schauer

    Republican • House

  • Gregory Stemen

    Republican • House

  • Dick Dever

    Republican • Senate

  • Kristin Roers

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 213 • No: 8

House vote • 4/17/2025

Second reading, passed, yeas 91 nays 0

Yes: 91 • No: 0

Senate vote • 4/2/2025

Second reading, passed as amended, yeas 46 nays 0

Yes: 46 • No: 0

House vote • 2/14/2025

Second reading, passed, yeas 76 nays 8

Yes: 76 • No: 8

Actions Timeline

  1. Filed with Secretary Of State 04/23

    4/25/2025House
  2. Signed by Governor 04/23

    4/24/2025House
  3. Sent to Governor

    4/22/2025House
  4. Signed by Speaker

    4/22/2025House
  5. Signed by President

    4/21/2025Senate
  6. Second reading, passed, yeas 91 nays 0

    4/17/2025House
  7. Concurred

    4/17/2025House
  8. Returned to House (12)

    4/3/2025House
  9. Second reading, passed as amended, yeas 46 nays 0

    4/2/2025Senate
  10. Amendment adopted, placed on calendar

    3/31/2025Senate
  11. Reported back amended, do pass, amendment placed on calendar 16 0 0

    3/28/2025Senate
  12. Rereferred to Appropriations

    3/7/2025Senate
  13. Reported back, do pass 5 0 1

    3/7/2025Senate
  14. Committee Hearing 11:00

    3/6/2025Senate
  15. Introduced, first reading, referred State and Local Government Committee

    2/18/2025Senate
  16. Received from House

    2/17/2025Senate
  17. Second reading, passed, yeas 76 nays 8

    2/14/2025House
  18. Reported back, do pass, place on calendar 23 0 0

    2/13/2025House
  19. Rereferred to Appropriations

    1/29/2025House
  20. Amendment adopted

    1/29/2025House
  21. Reported back amended, do pass, amendment placed on calendar 10 4 0

    1/28/2025House
  22. Committee Hearing 09:00

    1/20/2025House
  23. Introduced, first reading, referred Finance and Taxation Committee

    1/13/2025House

Bill Text

  • Enrollment

  • FIRST ENGROSSMENT

  • FIRST ENGROSSMENT with Senate Amendments

  • INTRODUCED

  • Prepared by the Legislative Council staff for Representative Dockter

  • Prepared by the Legislative Council staff for Senator Bekkedahl

Related Bills

Back to State Legislation