What to do with the proceeds from the Legacy Fund.
That will be one of the interim studies state lawmakers will undertake.
Right now, the proceeds go into the state’s general fund. And the 2019 Legislature considered a number of options for that money – from reinvesting it in the Legacy Fund to an income tax buy-down.
"It seems like all of us Legislators have an idea of what we want to do," said House Majority Leader Chet Pollert (R-Carrington), who will chair the committee. "Some want it put back into the Fund, but a majority have some ideas on how they want to spend it."
Pollert said there are some citizen movements in the works. He said he hopes to hold hearings around the state to get some of the ideas citizens have.
And Pollert said he likes the idea of a revolving loan fund for infrastructure.
"As my voting record shows, I was not and advocate for bonding," Pollert said. "But to have a revolving loan fund for transportation or infrastructure, that's something we should look at."
The committee is made up of the majority and minority leaders of both houses, as well as the chairs of the two Appropriations and Taxation committees.
