This bill introduces a new section to chapter 65-04 of the North Dakota Century Code, establishing eligibility for a one-time premium credit of up to $250 for active members of the North Dakota National Guard, armed forces, veterans, and surviving spouses of veterans. The premium credit is applicable to new accounts where the eligible individual holds at least 50% ownership. Additionally, the bill allows organizations to create rules for administering this premium credit, which will be available for applications received on or after July 1, 2025.

Furthermore, the bill amends section 65-04-32 to update the procedures for issuing decisions by the organization. It specifies that decisions can be communicated via regular mail or electronic means, and outlines the process for employers to request reconsideration of decisions. The amendments also clarify the timeline for filing requests for reconsideration and rehearing, ensuring that parties are informed of their rights and the procedures involved. The changes aim to streamline the decision-making process and enhance communication between the organization and the involved parties.

Statutes affected:
PREFILED: 65-04-32
Adopted by the Senate Industry and Business Committee: 65-04-32
FIRST ENGROSSMENT: 65-04-32
Enrollment: 65-04-32
INTRODUCED: 65-04-32