This bill amends 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 an 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 introduction of an annual fee structure to cover the costs associated with processing and oversight activities. The bill also mandates that all fees collected be deposited into the newly established insurance regulatory trust fund.

Additionally, the bill repeals section 18-13-08, which pertains to the fire prevention and public safety fund, and provides for the transfer of any remaining balance in the reduced cigarette ignition propensity fund to the insurance regulatory trust fund by August 1, 2025. The amendments aim to streamline the certification process and ensure that funds are allocated effectively for regulatory purposes, while also adjusting the financial framework to support the insurance department's administrative functions.

Statutes affected:
INTRODUCED: 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
PREFILED: 18-13-03