The proposed amendments to the North Dakota Century Code aim to modify the structure and funding of the Clean Sustainable Energy Authority and the Clean Sustainable Energy Fund. Key changes include increasing the membership of the authority from seventeen to eighteen members, with the addition of a new nonvoting technical advisor position for the director of the department of water resources. The amendments also clarify the authority's meeting requirements and decision-making processes, ensuring that recommendations to the commission are approved by a majority of voting members.

Additionally, the bill establishes a line of credit from the Bank of North Dakota to the industrial commission, not to exceed $390 million, to support loans or loan guarantees from the Clean Sustainable Energy Fund. The industrial commission is required to repay this line of credit using funds from loan payments or other sources, with provisions for a deficiency appropriation if necessary. Furthermore, the bill mandates a transfer of $130 million from the strategic investment and improvements fund to the Clean Sustainable Energy Fund during the 2025-2027 biennium, allocated for grants and loan repayments.

Statutes affected:
INTRODUCED: 54-63.1-03
Adopted by the Senate Energy and Natural Resources Committee: 54-63.1-03
FIRST ENGROSSMENT: 54-63.1-03
Prepared by the Legislative Council staff for Senate Appropriations - Education and Environment Division Committee: 54-63.1-03
SECOND ENGROSSMENT: 54-63.1-03
Adopted by the House Energy and Natural Resources Committee: 54-63.1-03, 54-63.1-07