Legacy and Budget Stabilization Fund Advisory Board

Legacy and Budget Stabilization Fund Advisory Board

Number Of Members:


District 14 | R

District 30 | R
Vice Chairman

District 39 | R

District 22 | R

District 21 | D

District 18 | R
Expand all  

March 20, 2024 - 1:30 pm to 4:00 pm CDT

December 13, 2023 - 1:00 pm to 3:30 pm CST

June 21, 2023 - 10:00 am to 3:15 pm CDT

December 6, 2022 - 3:00 pm to 5:00 pm CST

Committee Studies and Assignments


Develop recommendations for the investment of funds in the legacy fund and the budget stabilization fund to present to the State Investment Board. (NDCC § 21-10-11)

Review any legislative, initiated, or referred measure for asset allocation and investment policy affecting the legacy fund for purposes of requesting the Retirement and Investment Office arrange for the preparation and submission of a cost-benefit analysis. The Legislative Management shall append a cost-benefit analysis to any measure affecting the legacy fund before it is referred to a committee of the Legislative Assembly. The Legislative Management shall adopt a procedure for identifying measures and proposed measures affecting the legacy fund. (2023 House Bill No. 1227 § 1) (NDCC § 54-03-35)