This bill appropriates funding for the industrial commission and its associated agencies for the biennium from July 1, 2025, to June 30, 2027, detailing allocations for various programs, including a rail revolving loan fund and the abandoned oil and gas well plugging and site reclamation fund. It amends sections of the North Dakota Century Code to enhance the confidentiality of records from the Bank of North Dakota and introduces new funding initiatives for housing incentives and economic development. The bill specifies a transfer of funds from the strategic investment and improvements fund to support housing projects and includes a deficiency appropriation, along with a legislative management study on homelessness.

Additionally, the bill outlines specific funding amounts for agencies, including the Bank of North Dakota and the housing finance agency, and details one-time funding for projects such as hydrogen energy research and lignite marketing feasibility studies. It establishes a new rail revolving loan fund for rail infrastructure improvements and expands the rebuilders loan program for residents affected by disasters. The bill also sets criteria for the Bank's guarantee reserve fund and outlines eligible uses for the housing incentive fund, while mandating studies on economic development opportunities and pipeline capacity agreements. An emergency measure is included, with certain sections taking effect on July 1, 2027.

Statutes affected:
Prepared by the Legislative Council staff for Senate Appropriations - Education and Environment Division Committee: 6-08.1-02, 6-09-35, 6-09.14-04
FIRST ENGROSSMENT: 6-08.1-02, 6-09-35, 6-09.14-04
Prepared by the Legislative Council staff for House Appropriations - Government Operations Division Committee: 6-08.1-02, 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, 49-17.1-02.1, 54-17-40, 54-17.7-04
Prepared by the Legislative Council staff for Conference Committee: 6-08.1-02, 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, 49-17.1-02.1, 54-17-40, 54-17.7-04
Enrollment: 6-08.1-02, 6-09-35, 6-09-46.2, 6-09.7-05, 6-09.14-04, 49-17.1-02.1, 54-17-40, 54-17.7-04