The proposed bill aims to establish the North Dakota Ireland Trade Commission, which will focus on enhancing bilateral trade and investment between North Dakota and Ireland. The commission is tasked with promoting business and academic exchanges, initiating joint actions on mutual interests, and encouraging economic support and infrastructure investment between the two regions. The commission will consist of various members, including two senators and two representatives appointed by the majority leaders of their respective chambers, the executive director of the North Dakota trade office, an appointed individual knowledgeable in international trade, and the agriculture commissioner or their designee. Each member will serve a two-year term, and the commission will meet two to four times a year.

Additionally, the bill mandates the commission to report annually to the legislative management, detailing its activities, benefits to the state, legislative recommendations, and future plans. The bill also includes an expiration date, stating that it will be effective until July 31, 2029. Notable changes in the bill include the replacement of the terms "president pro tempore" and "speaker" with "majority leader" for the appointment of legislative members, as well as the introduction of provisions for member reimbursement and administrative support from the North Dakota trade office.