Mike Nowatzki and Mike Kennedy
BISMARCK– North Dakota is funding infrastructure, education and other priorities, putting the Legacy Fund to work for current and future generations, and maintaining healthy reserves without raising taxes, Gov. Doug Burgum said today after the 67th Legislative Assembly adjourned its regular session sine die.
“This session delivered results that keep North Dakota on the path toward a bright and prosperous future,” Burgum said. “Working with the Legislature, we’ve delivered a balanced budget that keeps general fund spending in check, makes strategic investments in education, the economy and tax relief, and contains the largest infrastructure bonding package in state history – paid for with Legacy Fund earnings and not one extra dollar from taxpayers’ pockets.”
Burgum: Session keeps general fund spending in check, invests in infrastructure without raising taxes and puts Legacy Fund to work for North Dakotans
BISMARCK, N.D. – North Dakota is funding infrastructure, education and other priorities, putting the Legacy Fund to work for current and future generations, and maintaining healthy reserves without raising taxes, Gov. Doug Burgum said today after the 67
th Legislative Assembly adjourned its regular session
sine die.
“This session delivered results that keep North Dakota on the path toward a bright and prosperous future,” Burgum said. “Working with the Legislature, we’ve delivered a balanced budget that keeps general fund spending in check, makes strategic investments in education, the economy and tax relief, and contains the largest infrastructure bonding package in state history – paid for with Legacy Fund earnings and not one extra dollar from taxpayers’ pockets.”
Gov. Doug Burgum has signed a bill that creates a “Clean Sustainable Energy Fund.” The fund will use $25 million from the state’s General Fund to support
Burgum signs bill creating Clean Sustainable Energy Fund to support low-emission technology projects einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
(Bismarck, ND) Governor Burgum Monday signed legislation creating a Clean Sustainable Energy Fund to support low-emission technology projects and help provide a long-term, viable path forward for the state’s critical energy industry.
“House Bill 1452 will accelerate efforts to develop promising low-emission technologies, helping ensure that our energy industry can provide reliable, affordable baseload electricity for North Dakotans and the region for decades to come,” Burgum said. “By supporting projects such as carbon capture, utilization and storage, we can open up new areas of economic opportunity and employment for our state’s citizens.”
House Bill 1452 allocates $25 million from the state’s general fund to create a Clean Sustainable Energy Fund and establishes a Clean Sustainable Energy Authority, made up of eight voting members and eight technical advisers, to make recommendations to the North Dakota Industrial Commission for grant awards and loan programs.