# North Dakota HB 1330: A BILL for an Act to amend and reenact section 21-10-07.1 of the North Dakota Century Code, relating to the prudent investor rule.

North Dakota HB 1330, A BILL for an Act to amend and reenact section 21-10-07.1 of the North Dakota Century Code, relating to the prudent investor rule., is a 2025 Regular Session House bill sponsored by Bernie Satrom (Republican); status failed, last action 2025-04-15 (Second reading, failed to pass, yeas 20 nays 26) (as of 2026-10-18).

- Canonical: https://policyrisk.com/state-bill/ND-HB1330-202501
- As of: 2026-10-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: North Dakota HB 1330
- State: North Dakota
- Session: 2025 Regular Session
- Title: A BILL for an Act to amend and reenact section 21-10-07.1 of the North Dakota Century Code, relating to the prudent investor rule.
- Status: failed
- Chamber: House
- Introduced: 2025-01-13
- Last action: 2025-04-15, Second reading, failed to pass, yeas 20 nays 26
- Sponsor: Bernie Satrom (Republican)
- Cosponsors: 4
- Touches household money: no
- Roll calls: 2 (95 yes, 33 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Bernie Satrom (Republican), House
- Cosponsor: Jim Grueneich (Republican), House
- Cosponsor: Mitch Ostlie (Republican), House
- Cosponsor: Cole Conley (Republican), Senate
- Cosponsor: Randy D. Lemm (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-15 | Senate | Second reading, failed to pass, yeas 20 nays 26 | fail | 20 | 26 |   |
| 2025-02-14 | House | Second reading, passed, yeas 75 nays 7 | pass | 75 | 7 |   |

## Actions (15)

- 2025-04-15: Second reading, failed to pass, yeas 20 nays 26 (Senate)
- 2025-04-15: Amendment adopted, placed on calendar (Senate)
- 2025-04-14: Reported back amended, do not pass, placed on calendar 11 5 0 (Senate)
- 2025-04-04: Committee Hearing 08:30 (Senate)
- 2025-03-28: Rereferred to Appropriations (Senate)
- 2025-03-27: Amendment adopted, placed on calendar (Senate)
- 2025-03-26: Reported back amended, do pass, amendment placed on calendar 3 2 0 (Senate)
- 2025-03-25: Committee Hearing 09:30 (Senate)
- 2025-02-18: Introduced, first reading, referred Industry and Business Committee (Senate)
- 2025-02-17: Received from House (Senate)
- 2025-02-14: Second reading, passed, yeas 75 nays 7 (House)
- 2025-02-13: Amendment adopted, placed on calendar (House)
- 2025-02-12: Reported back amended, do pass, amendment placed on calendar 9 3 2 (House)
- 2025-01-28: Committee Hearing 03:15 (House)
- 2025-01-13: Introduced, first reading, referred Industry, Business and Labor Committee (House)

## Bill text

- Adopted by the House Industry, Business and Labor Committee: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-01001m.pdf)
- Adopted by the Senate Industry and Business Committee: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-02001m.pdf)
- FIRST ENGROSSMENT: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-02000.pdf)
- FIRST ENGROSSMENT with Senate Amendments: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-03000.pdf), [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-04000.pdf)
- INTRODUCED: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-01000.pdf)
- Prepared by the Legislative Council staff for Senate Appropriations Committee: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-02004m.pdf)

## Related bills

- HB 1229: AN ACT to create and enact a new subdivision to subsection 2 of section 39-06.1-06 and section 39-10-71.1 of the North Dakota Century Code, relating to statuto… (signed)
- SB 2390: AN ACT to create and enact three new sections to chapter 54-40.1 of the North Dakota Century Code, relating to a rural catalyst committee, grant program, and f… (signed)
- HB 1298: AN ACT to amend and reenact sections 39-06.1-06, 39-09-02, 39-09-04, and 39-09-07.1, and subsection 2 of section 40-05-06 of the North Dakota Century Code, rel… (signed)
- SB 2113: AN ACT to create and enact two new sections to chapter 50-06 of the North Dakota Century Code, relating to certified community behavioral health clinics and th… (signed)
- SB 2147: AN ACT to create and enact a new subsection to section 15-10-38.4, a new subsection to section 15-62.4-03, a new section to chapter 15-62.4, and a new subsecti… (signed)
- SB 2018: AN ACT to provide an appropriation for defraying the expenses of the department of commerce; to provide an appropriation to the attorney general; to provide an… (signed)

## Sources
- [Adopted by the House Industry, Business and Labor Committee (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-01001m.pdf)
- [Adopted by the Senate Industry and Business Committee (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-02001m.pdf)
- [FIRST ENGROSSMENT (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-02000.pdf)
- [FIRST ENGROSSMENT with Senate Amendments (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-03000.pdf)
- [FIRST ENGROSSMENT with Senate Amendments (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-04000.pdf)
- [INTRODUCED (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-01000.pdf)
- [Prepared by the Legislative Council staff for Senate Appropriations Committee (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0779-02004m.pdf)

## Related
- [HB 1229: AN ACT to create and enact a new subdivision to subsection 2 of section 39-06.1…](https://policyrisk.com/state-bill/ND-HB1229-202501)
- [SB 2390: AN ACT to create and enact three new sections to chapter 54-40.1 of the North D…](https://policyrisk.com/state-bill/ND-SB2390-202501)
- [HB 1298: AN ACT to amend and reenact sections 39-06.1-06, 39-09-02, 39-09-04, and 39-09-…](https://policyrisk.com/state-bill/ND-HB1298-202501)
- [SB 2113: AN ACT to create and enact two new sections to chapter 50-06 of the North Dakot…](https://policyrisk.com/state-bill/ND-SB2113-202501)
- [SB 2147: AN ACT to create and enact a new subsection to section 15-10-38.4, a new subsec…](https://policyrisk.com/state-bill/ND-SB2147-202501)
- [SB 2018: AN ACT to provide an appropriation for defraying the expenses of the department…](https://policyrisk.com/state-bill/ND-SB2018-202501)
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Source: PRIA, https://policyrisk.com/state-bill/ND-HB1330-202501 (as of 2026-10-18).