The proposed bill aims to establish a Rural Catalyst Committee, a grant program, and a fund to enhance quality of life and economic development in rural communities across North Dakota. It amends the existing definitions in section 54-40.1-02 of the North Dakota Century Code, introducing new terms such as "Commissioner" and "Department," while removing the definition of "Minority group." The bill outlines the composition and responsibilities of the Rural Catalyst Committee, which will include members from regional councils, community representatives, and legislative appointees. The committee will meet at least twice a year to review and approve grant applications, prioritizing projects that support rural prosperity.

Additionally, the bill creates a Rural Catalyst Fund, which will be administered by the Department of Commerce to provide grants for projects addressing critical needs in rural areas. The maximum grant amount is set at $500,000, with at least 50% of funds allocated to communities with populations under 1,500. The bill also mandates a report to the legislative management every two years on the program's outcomes. To support this initiative, $5 million will be transferred from the Strategic Investment and Improvements Fund to the Rural Catalyst Fund, and an appropriation of $5 million is allocated for the Rural Catalyst Grant Program for the biennium beginning July 1, 2025.

Statutes affected:
INTRODUCED: 54-40.1-02
Adopted by the Senate Agriculture and Veterans Affairs Committee: 54-40.1-02
FIRST ENGROSSMENT: 54-40.1-02
Prepared by the Legislative Council staff for Senator Dwyer: 54-40.1-02
SECOND ENGROSSMENT: 54-40.1-02
Prepared by the Legislative Council staff for Representative Motschenbacher: 54-40.1-02