The bill amends section 54-63.1-03 of the North Dakota Century Code to modify the membership structure of the Clean Sustainable Energy Authority. The total number of members is increased from seventeen to eighteen, with the voting members remaining at nine and the nonvoting technical advisors increasing from eight to nine. A significant insertion in the bill is the addition of the director of the department of water resources or the director's designee as a nonvoting technical advisor. Other nonvoting advisors include various directors from state departments and the president of the Bank of North Dakota.

Additionally, the bill outlines a financial transfer from the Strategic Investment and Improvements Fund to the Clean Sustainable Energy Fund during the biennium from July 1, 2025, to June 30, 2027. A total of $130,000,000 is allocated, with $30,000,000 designated for grants and $100,000,000 earmarked for repaying a line of credit and providing funding for loans. This financial support aims to enhance the state's clean sustainable energy initiatives.

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