The proposed amendments to Senate Bill No. involve a significant shift in focus from a legislative management study regarding the University of North Dakota's health profession programs to providing an appropriation and authorizing a line of credit for the university. The bill deletes the previous provisions for a study and instead introduces a new section that allows the University of North Dakota to borrow up to $55 million through a line of credit from the Bank of North Dakota for the biennium beginning July 1, 2025, and ending June 30, 2027. The interest rate on this line of credit is capped at the prevailing rate charged to North Dakota government entities.

Additionally, the bill appropriates $95 million from various sources, including the line of credit, gifts, grants, and donations, to the University of North Dakota for the construction of an addition to the School of Medicine and Health Sciences. This facility aims to create a health professions collaborative space to enhance workforce capacity in health and wellness, as well as to promote research and academic excellence. The funding is designated as a one-time allocation for the same biennium.