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's responsibilities include promoting business and academic exchanges, encouraging mutual economic support and investment in infrastructure, and addressing other issues of mutual benefit. The commission will consist of two members from the Senate and two from the House of Representatives, along with 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 that the North Dakota Ireland Trade Commission report to the legislative management annually by September 1, 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 "president pro tempore" and "speaker" with "majority leader" for the appointment of legislative members, as well as the addition of provisions for administrative support, member reimbursement, and the requirement for an annual report.