The bill amends sections 54-63.1-03 and 54-63.1-07 of the North Dakota Century Code, which pertain to the Clean Sustainable Energy Authority and the Clean Sustainable Energy Fund. Notably, the membership of the Clean Sustainable Energy Authority is increased from seventeen to eighteen members, with the number of nonvoting technical advisors rising from eight to nine. A significant addition is the inclusion of the director of the department of water resources or their designee as a nonvoting technical advisor. The bill also outlines the structure and terms of the authority's membership, including the requirement for a quorum and the process for forwarding recommendations.

Additionally, the bill establishes a transfer of $50 million from the Strategic Investment and Improvements Fund to the Clean Sustainable Energy Fund during the biennium from July 1, 2025, to June 30, 2027. This transfer includes $10 million designated for grants and $40 million intended for repaying a line of credit and funding loans. The bill also details the conditions under which the Industrial Commission can access the line of credit extended by the Bank of North Dakota, ensuring that any borrowed funds are used to support loans or loan guarantees from the Clean Sustainable Energy Fund.

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
Prepared by the Legislative Council staff for House Appropriations Committee: 54-63.1-03, 54-63.1-07
Prepared by the Legislative Council staff for Senator Patten: 54-63.1-03, 54-63.1-07
Enrollment: 54-63.1-03, 54-63.1-07