# North Dakota SB 2014: AN ACT to provide an appropriation for defraying the expenses of the industrial commission and the agencies under its control; to create and enact a new section to chapter 6-09 and a new subdivision to subsection 2 of section 38-08-04.5 of the North Dakota Century Code, relating to a rail revolving loan fund and uses of the abandoned oil and gas well plugging and site reclamation fund; to amend and reenact subsection 7 of section 6-08.1-02 and sections 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, and 49-17.1-02.1, subsection 1 of section 54-17-40, and subdivision a of subsection 4 of section 54-17.7-04 of the North Dakota Century Code, and section 15 of chapter 14 of the 2023 Session Laws, relating to confidential and exempt records of the Bank of North Dakota, the rebuilders loan program, loan guarantees through the strategic investment and improvements fund, interest rate buydown limits for the partnership in assisting community expansion fund, department of transportation review and approval of rail projects, uses of the housing incentive fund, North Dakota pipeline borrowing authority, and a salt cavern underground energy storage research project; to repeal section 3 of Senate Bill No. 2188, as approved by the sixty-ninth legislative assembly, relating to a transfer from the strategic investment and improvements fund to the clean sustainable energy fund; to provide a deficiency appropriation; to provide for a transfer; to provide an exemption; to provide for a legislative management study; to provide for a legislative management report; to provide for a report; to provide an effective date; and to declare an emergency. North Dakota SB 2014, AN ACT to provide an appropriation for defraying the expenses of the industrial commission and the agencies under its control; to create and enact a new section to chapter 6-09 and a new subdivision to subsection 2 of section 38-08-04.5 of the North Dakota Century Code, relating to a rail revolving loan fund and uses of the abandoned oil and gas well plugging and site reclamation fund; to amend and reenact subsection 7 of section 6-08.1-02 and sections 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, and 49-17.1-02.1, subsection 1 of section 54-17-40, and subdivision a of subsection 4 of section 54-17.7-04 of the North Dakota Century Code, and section 15 of chapter 14 of the 2023 Session Laws, relating to confidential and exempt records of the Bank of North Dakota, the rebuilders loan program, loan guarantees through the strategic investment and improvements fund, interest rate buydown limits for the partnership in assisting community expansion fund, department of transportation review and approval of rail projects, uses of the housing incentive fund, North Dakota pipeline borrowing authority, and a salt cavern underground energy storage research project; to repeal section 3 of Senate Bill No. 2188, as approved by the sixty-ninth legislative assembly, relating to a transfer from the strategic investment and improvements fund to the clean sustainable energy fund; to provide a deficiency appropriation; to provide for a transfer; to provide an exemption; to provide for a legislative management study; to provide for a legislative management report; to provide for a report; to provide an effective date; and to declare an emergency., is a 2025 Regular Session Senate bill sponsored by Senate Appropriations; status signed, last action 2025-06-11 (Filed with Secretary Of State 05/19); PRIA reads it as touching household money (as of 2026-10-18). - Canonical: https://policyrisk.com/state-bill/ND-SB2014-202501 - 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 SB 2014 - State: North Dakota - Session: 2025 Regular Session - Title: AN ACT to provide an appropriation for defraying the expenses of the industrial commission and the agencies under its control; to create and enact a new section to chapter 6-09 and a new subdivision to subsection 2 of section 38-08-04.5 of the North Dakota Century Code, relating to a rail revolving loan fund and uses of the abandoned oil and gas well plugging and site reclamation fund; to amend and reenact subsection 7 of section 6-08.1-02 and sections 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, and 49-17.1-02.1, subsection 1 of section 54-17-40, and subdivision a of subsection 4 of section 54-17.7-04 of the North Dakota Century Code, and section 15 of chapter 14 of the 2023 Session Laws, relating to confidential and exempt records of the Bank of North Dakota, the rebuilders loan program, loan guarantees through the strategic investment and improvements fund, interest rate buydown limits for the partnership in assisting community expansion fund, department of transportation review and approval of rail projects, uses of the housing incentive fund, North Dakota pipeline borrowing authority, and a salt cavern underground energy storage research project; to repeal section 3 of Senate Bill No. 2188, as approved by the sixty-ninth legislative assembly, relating to a transfer from the strategic investment and improvements fund to the clean sustainable energy fund; to provide a deficiency appropriation; to provide for a transfer; to provide an exemption; to provide for a legislative management study; to provide for a legislative management report; to provide for a report; to provide an effective date; and to declare an emergency. - Status: signed - Chamber: Senate - Introduced: 2025-01-07 - Last action: 2025-06-11, Filed with Secretary Of State 05/19 - Sponsor: Senate Appropriations - Cosponsors: 0 - Touches household money: yes - Roll calls: 4 (233 yes, 37 no in all) - Economic provisions PRIA read: 15 ## Summary No summary available. ## Bill overview: provisions PRIA read - Larger interest subsidies for qualifying businesses: benefit, high. Qualifying new or expanding businesses can receive up to $1 million beyond the existing $500,000 interest-subsidy limit per loan. The Bank of North Dakota must find substantial economic impact and classify the project as a primary sector business. The extra subsidy requires no community match. Supp… - Rebuilding loans reach more affected residents: benefit, medium. North Dakota residents can seek Rebuilders loans after presidentially or governor-declared disasters, state emergencies, or governor-recognized weather incidents or economic hardships. The Bank of North Dakota must develop programs addressing these needs, with loans routed through originating finan… - More funding for housing and homelessness: benefit, low. For July 2025–June 2027, the law transfers $25 million for housing projects and $10 million for homelessness programs. The Housing Finance Agency must provide $150,000 to a Native American-focused organization serving multiple communities for a homelessness liaison. The agency takes over the Housin… - Funding supports lignite studies and marketing: benefit, low. The law allows up to $4.5 million from the lignite research fund for specified studies and supporting work. Independent marketing feasibility studies require no matching funds. They must identify priorities that could preserve or increase lignite production, industry jobs, private investment, or ec… - Library project gets interest rate support: benefit, low. During July 2025–June 2027, up to $5 million in Bank of North Dakota earnings can go to Parks and Recreation. The money supports lower interest on the Theodore Roosevelt presidential library project's line of credit. Support can reduce the prevailing governmental borrowing rate to 2%. It cannot exc… - More borrowing allowed for gas pipeline: benefit, low. The North Dakota Pipeline Authority can borrow $40 million more, raising its total permitted borrowing from $60 million to $100 million. The added Bank of North Dakota credit requires a capacity purchase agreement signed by December 31, 2026. That agreement must concern a natural-gas pipeline from… - New grants support enhanced oil recovery: benefit, low. For July 2025–June 2027, the Industrial Commission uses $25 million from the oil and gas research fund for enhanced oil recovery grants. The Commission sets eligibility rules, matching-fund requirements, and reporting requirements. The law does not set individual grant amounts. - New loans for freight rail upgrades: benefit, low. A new Bank of North Dakota revolving fund lends to counties, cities, railroads, and other freight rail users. Loans support rail construction or upgrades that improve service; Class I railroads are excluded. Applicants must show reasonable assurance of future income to repay, and the Department of… - Unspent energy agency funds remain available: benefit, low. Specified unspent appropriations remain available for July 1, 2025–June 30, 2027, instead of expiring. They include $1.25 million for grant software and $75,000 for records digitization. Grid resilience amounts include $1.124856 million in general funds and $7.499037 million in federal funds. The l… - Funding supports a more reliable grid: benefit, low. The law provides $13.668089 million for an electricity grid resilience federal grant during July 2025–June 2027. This includes $1.782794 million from the Strategic Investment and Improvements Fund to match federal money. Utilities and other project entities can receive support for grid resilience w… - More financing support for businesses and farms: benefit, low. During July 2025–June 2027, the Bank of North Dakota transfers $60 million from earnings and profits to economic development programs. These include community expansion, agriculture, biofuels, and beginning-farmer loan funds. The Bank also transfers $1.9 million to the University of North Dakota's… - Clean energy fund transfer is repealed: cost, low. The law repeals a previously approved transfer provision for the clean sustainable energy fund. That provision concerned money from the Strategic Investment and Improvements Fund. This repeal does not state the transfer amount or identify replacement funding. - Bank records become more selectively public: mixed, low. The law allows release of specified Bank of North Dakota financing records mainly involving business or other non-household purposes. These include recipients' names, financing amounts, programs, and certain writeoffs or forgiven loans the Industrial Commission finds uncollectible. The rule covers… - Salt cavern research funding sources shift: mixed, low. The salt cavern research project's state-fund distribution limit falls from $6 million to $2 million. The law also allows up to $5.3 million in federal funds and transfers $6 million into the State Energy Research Center Fund. Research must assess the business case for up to two caverns storing nat… - Well cleanup funds can cover administration: mixed, low. The abandoned oil and gas well plugging and site reclamation fund can now pay administrative expenses. These include salaries, wages, and operating costs, subject to legislative appropriation. The law appropriates $799,926 from the fund for administration. This supports program operations while usi… ## Sponsors and cosponsors - Sponsor: Senate Appropriations ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-05-02 | House | Second reading, passed as amended, yeas 74 nays 15 | pass | 74 | 15 | | | 2025-05-02 | Senate | Second reading, passed, yeas 42 nays 3, Emergency clause carried | pass | 42 | 3 | | | 2025-04-24 | House | Second reading, passed as amended, yeas 71 nays 19 | pass | 71 | 19 | | | 2025-02-24 | Senate | Second reading, passed, yeas 46 nays 0 | pass | 46 | 0 | | ## Actions (40) - 2025-06-11: Filed with Secretary Of State 05/19 (House) - 2025-05-17: Signed by Governor, but item veto 05/19 (Senate) - 2025-05-02: Sent to Governor (Senate) - 2025-05-02: Signed by President (Senate) - 2025-05-02: Signed by Speaker (House) - 2025-05-02: Emergency clause carried (House) - 2025-05-02: Second reading, passed as amended, yeas 74 nays 15 (House) - 2025-05-02: Conference committee report adopted (House) - 2025-05-02: Reported back from conference committee, in place of, placed on calendar (House) - 2025-05-02: Second reading, passed, yeas 42 nays 3, Emergency clause carried (Senate) - 2025-05-02: Conference committee report adopted (Senate) - 2025-05-02: Reported back from conference committee, in place of, placed on calendar (Senate) - 2025-05-01: Conference committee report rejected (Senate) - 2025-05-01: Reported back from conference committee, in place of, placed on calendar (Senate) - 2025-04-25: Conference committee appointed Kempenich Monson Bosch (House) - 2025-04-25: Conference committee appointed Schaible Sorvaag Bekkedahl (Senate) - 2025-04-25: Refused to concur (Senate) - 2025-04-25: Returned to Senate (12) (Senate) - 2025-04-24: Second reading, passed as amended, yeas 71 nays 19 (House) - 2025-04-24: Amendment adopted, placed on calendar (House) - 2025-04-23: Reported back amended, do pass, amendment placed on calendar 21 1 1 (House) - 2025-03-27: Committee Hearing 02:30 (House) - 2025-03-20: Committee Hearing 02:30 (House) - 2025-03-20: Committee Hearing 10:00 (House) - 2025-03-12: Committee Hearing 02:30 (House) - 2025-03-12: Committee Hearing 08:30 (House) - 2025-03-07: Introduced, first reading, referred Appropriations Committee (House) - 2025-02-25: Received from Senate (House) - 2025-02-24: Second reading, passed, yeas 46 nays 0 (Senate) - 2025-02-24: Amendment adopted, placed on calendar (Senate) - 2025-02-21: Reported back amended, do pass, amendment placed on calendar 15 0 1 (Senate) - 2025-02-04: Committee Hearing 09:00 (Senate) - 2025-01-24: Committee Hearing 09:45 (Senate) - 2025-01-24: Committee Hearing 09:00 (Senate) - 2025-01-14: Committee Hearing 03:30 (Senate) - 2025-01-14: Committee Hearing 02:30 (Senate) - 2025-01-14: Committee Hearing 01:30 (Senate) - 2025-01-14: Committee Hearing 10:30 (Senate) - 2025-01-14: Committee Hearing 10:00 (Senate) - 2025-01-07: Introduced, first reading, referred Appropriations Committee (Senate) ## Bill text - Enrollment: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-06000.pdf) - FIRST ENGROSSMENT: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02000.pdf) - FIRST ENGROSSMENT with Conference Committee Amendments: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-05000.pdf) - FIRST ENGROSSMENT with House Amendments: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-03000.pdf) - INTRODUCED: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-01000.pdf) - Prepared by the Legislative Council staff for Conference Committee: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02009m.pdf), [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02011m.pdf) - Prepared by the Legislative Council staff for House Appropriations - Government Operations Division Committee: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02007m.pdf) - Prepared by the Legislative Council staff for Senate Appropriations - Education and Environment Division Committee: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-01007m.pdf) ## Related bills - 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) - 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 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 - [Enrollment (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-06000.pdf) - [FIRST ENGROSSMENT (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02000.pdf) - [FIRST ENGROSSMENT with Conference Committee Amendments (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-05000.pdf) - [FIRST ENGROSSMENT with House Amendments (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-03000.pdf) - [INTRODUCED (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-01000.pdf) - [Prepared by the Legislative Council staff for Conference Committee (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02009m.pdf) - [Prepared by the Legislative Council staff for Conference Committee (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02011m.pdf) - [Prepared by the Legislative Council staff for House Appropriations - Government Operations Division Committee (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-02007m.pdf) - [Prepared by the Legislative Council staff for Senate Appropriations - Education and Environment Division Committee (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0181-01007m.pdf) ## Related - [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) - [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 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) - [North Dakota bills](https://policyrisk.com/states/north-dakota/bills) - [North Dakota state hub](https://policyrisk.com/states/north-dakota) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/ND-SB2014-202501 (as of 2026-10-18).