Lawmakers want to invest oil tax revenues in North Dakota businesses and infrastructure loans – Grand Forks Herald
Lawmakers want to invest oil tax revenues in North Dakota businesses and infrastructure loans – Grand Forks Herald
House Bill 1425 would direct the State Investment Board to designate 10% of voter-approved Legacy Fund tax collections to create suitable loans for cities, counties and businesses in North Dakota. Another 10% would go to investing in stocks and other stocks of North Dakota companies. Currently, only about 1.2% of the Legacy Fund’s incoming income […]
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