Legacy Fund

The state Senate has passed a measure to study investing Legacy Fund moneys in North Dakota.A bill already making its way through the Legislature will set…

The North Dakota House has passed a bill outlining what is to be done with Legacy Fund earnings.The House Appropriations Committee combined ideas from…

The House Finance and Taxation Committee is looking at a bill requiring the state Investment Board to invest 20 percent of the Legacy Fund into the state…

A group of legislators has introduced a measure to designate 20 percent of the Legacy Fund’s principle to make investments in North Dakota companies.It…

Republican lawmakers have unveiled a $1.1 billion bonding bill, that uses profits from the state’s Legacy Fund to pay off the bonds.The bill is aimed at…

North Dakota's Senate Majority Leader is working on a proposal for what he’s calling a “Gap Bonding Program” for infrastructure projects."The cost of…

North Dakota's Chief Investment Officer said the Legacy fund lost value during the market downturn in March and April.But David Hunter said it has…

The Chancellor of the North Dakota University System is proposing that a portion of the proceeds of the state’s Legacy Fund be used to create a “Higher…

Gov. Doug Burgum’s call for 50 percent of the proceeds of the state’s Legacy Fund to be reinvested back into the fund is sparking a lot of discussion…

Gov. Doug Burgum wants to reinvest half the proceeds from the state’s Legacy Fund back into the fund.Burgum would use half for targeted needs, such as…