North Dakota Senate Majority Leader Rich Wardner (R-Dickinson) said there could likely be a proposal to define what the interest earnings on the state’s Legacy Fund can be used for.
This is the first biennium where the earnings from the fund flow into the state’s general fund. Wardner said the idea is to create another system of “buckets,” similar to those created for oil tax revenue.
We think there are certain things that have higher priorities than others," Wardner said. "If we did that, it would lock up money into certain areas, rather than put it in the general fund."