This bill proposes the creation of an "animal agriculture facility infrastructure fund" within the North Dakota Century Code, aimed at supporting infrastructure projects related to animal agriculture facilities. It amends existing laws to clarify that the cash reserve limits for general and special revenue funds do not apply to this new infrastructure fund. Additionally, it establishes a continuing appropriation for the fund, which will receive a portion of sales, gross receipts, and use tax collections, capped at $500,000 per year. The state treasurer is tasked with distributing funds to counties based on certified amounts related to eligible tangible personal property purchases for constructing or upgrading animal agriculture facilities.

Furthermore, the bill outlines the process for counties to utilize the distributed funds, mandating that they be deposited into an infrastructure development fund specifically for projects near animal agriculture facilities. It allows organized townships to request funding for road projects related to these facilities, subject to county approval. The bill includes an expiration date, stating that it will be effective through June 30, 2029, after which it will become ineffective.

Statutes affected:
INTRODUCED: 57-39.2-26
Prepared by the Legislative Council staff for Senator Rummel: 11-23-02, 57-39.2-26
FIRST ENGROSSMENT: 11-23-02, 57-39.2-26