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IntroducedJan 16, 2023
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Passed SenateFeb 03, 2023
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Passed HouseMar 31, 2023
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Signed into LawApr 07, 2023
AN ACT to create and enact a new section to chapter 10-04 of the North Dakota Century Code, relating to the restitution assistance fund for victims of securities violations; to provide a continuing appropriation; and to provide for application.
Last Action See all actions
executive • Apr 13, 2023: Filed with Secretary Of State 04/10
Latest Bill Text See all bill texts
Official Summary/Bill Text
Comments on SB 2325
Tweets
Whip Lists
Sponsors
- Boscheeprimary
- J. Roersprimary
- Schreiber-Beckprimary
Votes
YES: 49
- Anderson, B.
- Beltz
- Bosch
- Boschee
- Brandenburg
- Christy
- Dakane
- Dobervich
- Finley-DeVille
- Grueneich
- Hager
- Hanson
- Hatlestad
- Heinert
- Ista
- Johnson, J.
- Jonas
- Karls
- Kempenich
- Klemin
- Kreidt
- Longmuir
- Louser
- Martinson
- McLeod
- Meier
- Mitskog
- Mock
- Murphy
- Nathe
- Nelson
- O'Brien
- Ostlie
- Porter
- Pyle
- Richter
- Roers Jones
- Satrom
- Schauer
- Schneider
- Schobinger
- Schreiber-Beck
- Stemen
- Strinden
- Swiontek
- Vigesaa
- Wagner
- Warrey
- Weisz
NO: 39
Actions
- Apr 13, 2023 | executive
- Filed with Secretary Of State 04/10
- Apr 07, 2023 | Senate
- Signed by Governor 04/06
- Apr 05, 2023 | Senate
- Signed by President
- Sent to Governor
- Apr 04, 2023 | House
- Signed by Speaker
- Apr 03, 2023 | Senate
- Returned to Senate
- Mar 31, 2023 | House
- Second reading, passed, yeas 49 nays 39
- Mar 30, 2023 | House
- Committee Work, House Appropriations, 03/30 9:30 AM, Room Brynhild Haugland - Committee Work: Rereferred from IBL - Relating to the restitution assistance fund for victims of securities violations; to provide a continuing appropriation; and to provide for application.
- Committee Hearing 09:30
- Reported back, do pass, place on calendar 23 0 0
- Mar 22, 2023 | House
- Committee Work, House Industry, Business and Labor, 03/22 9:45 AM, Room 327C - Committee Work: Committee Work - SB 2325
- Committee Hearing 09:45
- Reported back, do pass 8 6 0
- Rereferred to Appropriations
- Mar 14, 2023 | House
- Committee Work, House Industry, Business and Labor, 03/14 11:46 AM, Room 327C - Committee Work: Committee Work - SB 2325
- Committee Hearing 11:46
- Mar 07, 2023 | House
- Bill Hearing, House Industry, Business and Labor, 03/07 2:30 PM, Room 327C - Relating to the restitution assistance fund for victims of securities violations; to provide a continuing appropriation; and to provide for application.
- Committee Hearing 02:30
- Feb 17, 2023 | House
- Introduced, first reading, referred to Industry, Business and Labor
- Feb 06, 2023 | House
- Received from Senate
- Feb 03, 2023 | Senate
- Second reading, passed, yeas 43 nays 1
- Feb 02, 2023 | Senate
- Bill Hearing, Senate Appropriations, 02/02 8:00 AM, Room Roughrider - Relating to the restitution assistance fund for victims of securities violations; to provide a continuing appropriation; and to provide for application.
- Committee Hearing 08:00
- Reported back, do pass, place on calendar 16 0 0
- Jan 25, 2023 | Senate
- Amendment adopted
- Rereferred to Appropriations
- Jan 24, 2023 | Senate
- Reported back amended, do pass, amendment placed on calendar 5 0 0
- Jan 23, 2023 | Senate
- Bill Hearing, Senate Industry and Business, 01/23 2:45 PM, Room Fort Union - Relating to the vulnerable adult restitution fund for victims of securities violations; to provide a continuing appropriation; and to provide for application.
- Committee Hearing 02:45
- Jan 16, 2023 | Senate
- Introduced, first reading, referred to Industry and Business
Documents
- Legislative HistoryPDF
- Fiscal Note (INTRODUCED)PDF
- Marked up (Adopted by the Senate Industry and Business Committee)PDF
- Fiscal Note (FIRST ENGROSSMENT)PDF
- Video - Senate Industry and Business, 01/23 03:00 PM (SB 2325)
- Video - Senate Industry and Business, 01/23 03:03 PM (Senator Lee introduced SB 2325 and testified in favor)
- Video - Senate Industry and Business, 01/23 03:09 PM (Karen Tyler -- State Securities Commission -- Testified in favor #15449)
- Video - Senate Industry and Business, 01/23 03:09 PM (Karen Tyler -- Additional Testimony in Favor #15450)
- Video - Senate Industry and Business, 01/23 03:09 PM (Karen Tyler -- Additional Testimony in Favor #15451)
- Video - Senate Industry and Business, 01/23 03:33 PM (Janelle Moos -- Associate State Director of Advocacy -- AARP ND -- Testified in Favor #15551)
- Video - Senate Industry and Business, 01/23 03:33 PM (Janelle Moos -- Additional Testimony in Favor #15552)
- Video - Senate Industry and Business, 01/23 03:42 PM (Closed the hearing on SB 2325)
- Video - Senate Industry and Business, 01/23 03:43 PM (Senator Klein moved an amendment)
- Video - Senate Industry and Business, 01/23 03:43 PM (Senator Boehm seconded the amendment)
- Video - Senate Industry and Business, 01/23 03:44 PM (Roll Call Vote on Amendment -- Motion Passes - 5-0-0)
- Video - Senate Industry and Business, 01/23 03:44 PM (Senator Klein moved DO PASS AS AMENDED)
- Video - Senate Industry and Business, 01/23 03:45 PM (Senator Barta seconded DO PASS AS AMENDED)
- Video - Senate Industry and Business, 01/23 03:45 PM (Roll Call Vote -- DO PASS AS AMENDED -- Motion Passes - 5-0-0 Senator Barta will carry)
- Video - Senate, 01/25 01:06 PM (6th Order - Consideration Of Amendments - SB2325 - Industry and Business - Do Pass)
- Video - Senate, 01/25 01:06 PM (Senator Barta)
- Video - Senate Appropriations, 02/02 07:55 AM (Ro)
- Video - Senate Appropriations, 02/02 08:00 AM (SB 2325)
- Video - Senate Appropriations, 02/02 08:05 AM (Senator Bekkedahl called meeting to order)
- Video - Senate Appropriations, 02/02 08:07 AM (Senator Lee - District 25 - Bill Introduction - SB 2325)
- Video - Senate Appropriations, 02/02 08:08 AM (Senator Barta - District 43 - SB2325 Co-Sponsor)
- Video - Senate Appropriations, 02/02 08:11 AM (Karen Tyler - ND Securities Commissioner #18775)
- Video - Senate Appropriations, 02/02 08:28 AM (Senator Bekkedahl closed public hearing)
- Video - Senate Appropriations, 02/02 08:28 AM (Senator Davison moved DO PASS)
- Video - Senate Appropriations, 02/02 08:28 AM (Senator Burckhard seconded motion)
- Video - Senate Appropriations, 02/02 08:29 AM (roll call vote 16-0-0 motioned passed)
- Video - Senate Appropriations, 02/02 08:30 AM (Recess)
- Video - Senate Appropriations, 02/02 08:34 AM (Senator Bekkedahl called meeting to order)
- Video - Senate Appropriations, 02/02 09:08 AM (Senator Erbele seconded)
- Video - Senate, 02/03 01:28 PM (11th Order - Final Passage Senate Measures - SB2325 - Appropriations - Do Pass)
- Video - Senate, 02/03 01:29 PM (Senator Barta)
- Video - Senate, 02/03 01:32 PM (11th Order - Final Passage Senate Measures - SB2325 - Appropriations - Do Pass - Votes Required 24: PASSED - Yea 43 Nay 1 N/V 3 Exc 0)
- Video - House Industry, Business and Labor, 03/07 02:30 PM (SB 2325)
- Video - House Industry, Business and Labor, 03/07 02:31 PM (Representative Ostlie Chair- Called the meeting to order, roll call, title was read)
- Video - House Industry, Business and Labor, 03/07 02:32 PM (Karen Tyler-Commissioner-ND State Securities- Testifies in favor of SB 2325)
- Video - House Industry, Business and Labor, 03/07 02:32 PM (Additional Testimony)
- Video - House Industry, Business and Labor, 03/07 02:55 PM (Senator Lee-In Favor)
- Video - House Industry, Business and Labor, 03/07 02:57 PM (Janelle Moos-Director-AARP ND-In Favor)
- Video - House Industry, Business and Labor, 03/07 03:00 PM (Close Hearing)
- Video - House Industry, Business and Labor, 03/07 03:02 PM (Close discussion on SB 2325)
- Video - House Industry, Business and Labor, 03/14 11:46 AM (SB 2325 Committee Work)
- Video - House Industry, Business and Labor, 03/14 11:48 AM (Representative B. Koppelman Moves a Do Not Pass)
- Video - House Industry, Business and Labor, 03/14 11:48 AM (Representative D. Ruby Seconds)
- Video - House Industry, Business and Labor, 03/14 11:58 AM (Karen Tyler- State Securities Commissioner)
- Video - House Industry, Business and Labor, 03/14 12:09 PM (Roll Call Vote 6-8-0 Motion Fails)
- Video - House Industry, Business and Labor, 03/14 12:10 PM (Representative B. Koppelman Moves a Do Pass)
- Video - House Industry, Business and Labor, 03/14 12:10 PM (Representative Ostlie Seconds)
- Video - House Industry, Business and Labor, 03/14 12:13 PM (Roll Call 3-11-0 Motion Fails)
- Video - House Industry, Business and Labor, 03/14 12:15 PM (Karen Tyler-Commissioner-ND Securities)
- Video - House Industry, Business and Labor, 03/14 12:16 PM (Representative D. Johnson Moves to Amend to Change to Four Years)
- Video - House Industry, Business and Labor, 03/14 12:16 PM (Representative Wagner Seconds)
- Video - House Industry, Business and Labor, 03/14 12:18 PM (Roll Call 13-1-0 Motion Carries)
- Video - House Industry, Business and Labor, 03/14 12:20 PM (Adjourned)
- Video - House Industry, Business and Labor, 03/22 09:43 AM (SB 2325 Committee Work)
- Video - House Industry, Business and Labor, 03/22 09:49 AM (Representative B. Koppelman Moves to Amend to Change the Word Victim to Individual or Claimant)
- Video - House Industry, Business and Labor, 03/22 09:49 AM (Representative Warrey Seconds)
- Video - House Industry, Business and Labor, 03/22 10:04 AM (Roll call-7-7-0 Motion Fails)
- Video - House Industry, Business and Labor, 03/22 10:08 AM (Representative D. Ruby Moves a Do Not Pass)
- Video - House Industry, Business and Labor, 03/22 10:08 AM (Representative Kasper Seconds)
- Video - House Industry, Business and Labor, 03/22 10:09 AM (Roll Call 6-8-0 Motion Fails)
- Video - House Industry, Business and Labor, 03/22 10:10 AM (Representative Boschee Moves a Do Pass)
- Video - House Industry, Business and Labor, 03/22 10:10 AM (Representative Wagner Seconds)
- Video - House Industry, Business and Labor, 03/22 10:11 AM (Roll Call 8-6-0 Motion Carries)
- Video - House Appropriations, 03/30 09:30 AM (Committee Work: SB 2325)
- Video - House Appropriations, 03/30 09:37 AM (Representative Vigesaa opens discussion on the bill)
- Video - House Appropriations, 03/30 09:38 AM (Karen Tyler - ND Securities Commissioner - explains the bill which will establish a restitution assistance fund for elderly and vulnerable adults that have been victims of investment fraud.)
- Video - House Appropriations, 03/30 09:51 AM (Representative Mock moves Do Pass)
- Video - House Appropriations, 03/30 09:51 AM (Representative Monson seconds Do Pass)
- Video - House Appropriations, 03/30 09:52 AM (Roll Call Vote - 23-0-0 Motion carries)
- Video - House Appropriations, 03/30 09:52 AM (Representative Warrey will carry the bill)
- Video - House Appropriations, 03/30 09:52 AM (Representative Vigesaa - Recess)
- Video - House Appropriations, 03/30 10:11 AM (Representative Vigesaa - Reconvene)
- Video - House, 03/31 01:21 PM (14th Order - Final Passage Senate Measures - SB2325 - Industry, Business and Labor - Do Pass)
- Video - House, 03/31 01:22 PM (Representative Warrey)
- Video - House, 03/31 01:25 PM (Representative D. Ruby)
- Video - House, 03/31 01:28 PM (Representative Koppelman)
- Video - House, 03/31 01:30 PM (Representative J. Johnson)
- Video - House, 03/31 01:32 PM (Representative Schauer)
- Video - House, 03/31 01:34 PM (Representative D. Ruby)
- Video - House, 03/31 01:34 PM (Representative Warrey)
- Video - House, 03/31 01:35 PM (Representative Wagner)
- Video - House, 03/31 01:36 PM (Representative Thomas)
- Video - House, 03/31 01:37 PM (Representative J. Johnson)
- Video - House, 03/31 01:39 PM (Representative Kasper)
- Video - House, 03/31 01:41 PM (14th Order - Final Passage Senate Measures - SB2325 - Industry, Business and Labor - Do Pass - Votes Required 48: PASSED - Yea 49 Nay 39 N/V 6 Exc 0)
- Testimony (In Favor) -- Janelle Moos, AARP North Dakota (Associate State Director of Advocacy), Bismarck, ND (Senate Industry and Business, 01/23 02:45 PM)PDF
- Testimony (In Favor) -- Janelle Moos, AARP North Dakota (Associate State Director of Advocacy), Bismarck, ND (Senate Industry and Business, 01/23 02:45 PM)PDF
- Testimony (In Favor) -- Bailey Doll, ND Securities Department (Regulatory), Bismarck, ND (Senate Industry and Business, 01/23 02:45 PM)PDF
- Testimony (In Favor) -- Bailey Doll, ND Securities Department (Regulatory), Bismarck, ND (Senate Industry and Business, 01/23 02:45 PM)PDF
- Testimony (In Favor) -- Bailey Doll, ND Securities Department (Regulatory), Bismarck, ND (Senate Industry and Business, 01/23 02:45 PM)PDF
- Testimony (In Favor) -- Karen Tyler, ND Securities (Commissioner), (Senate Appropriations, 02/02 08:00 AM)PDF
- Testimony (In Favor) -- BAILEY DOLL, ND SECURITIES DEPARTMENT (REGULATORY), BISMARCK, ND (Senate Appropriations, 02/02 08:00 AM)PDF
- Testimony (In Favor) -- Janelle Moos, AARP North Dakota (Associate State Director of Advocacy), Bismarck, ND (Senate Appropriations, 02/02 08:00 AM)PDF
- Testimony (In Favor) -- BAILEY J. DOLL, ND SECURITIES DEPARTMENT (REGULATORY), BISMARCK, ND (House Industry, Business and Labor, 03/07 02:30 PM)PDF
- Testimony (In Favor) -- BAILEY J. DOLL, ND SECURITIES DEPARTMENT (REGULATORY), BISMARCK, ND (House Industry, Business and Labor, 03/07 02:30 PM)PDF
- Testimony (In Favor) -- Janelle Moos, AARP North Dakota (Associate State Director of Advocacy), Bismarck, ND (House Industry, Business and Labor, 03/07 02:30 PM)PDF
- Testimony (In Favor) -- Ben Koppelman, ND (House Industry, Business and Labor, 03/22 09:45 AM)PDF