This bill amends and reenacts sections 18-13-03 and 26.1-01-07.1 of the North Dakota Century Code, focusing on the certification process for reduced cigarette ignition propensity and the establishment of the insurance regulatory trust fund. Key changes include the requirement for manufacturers to submit a written certification to the state fire marshal, detailing specific information about each cigarette, and the establishment of an annual fee to defray costs associated with processing and oversight activities. Additionally, all fees collected will now be deposited into the insurance regulatory trust fund, replacing the previous enforcement fund.

The bill also repeals section 18-13-08, which related to the fire prevention and public safety fund, and mandates the transfer of any remaining balance in the reduced cigarette ignition propensity fund to the insurance regulatory trust fund by August 1, 2025. The insurance regulatory trust fund will now include all sums received under the amended section 18-13-03, along with other specified revenues, to support the insurance department's regulatory functions.

Statutes affected:
PREFILED: 18-13-03
Adopted by the House Industry, Business and Labor Committee: 18-13-03, 26.1-01-07.1, 18-13-08
FIRST ENGROSSMENT: 18-13-03, 26.1-01-07.1, 18-13-08
Prepared by the Legislative Council staff for Representative Vigesaa: 18-13-03, 26.1-01-07.1, 18-13-08
SECOND ENGROSSMENT: 18-13-03, 26.1-01-07.1, 18-13-08
Enrollment: 18-13-03, 26.1-01-07.1, 18-13-08
INTRODUCED: 18-13-03