---
type: "Bill"
title: "Relating to duty of the investment director to consider investing locally.for an Act to provide for a legislative management study regarding the benefits of investing legacy fund moneys locally."
description: "Relating to duty of the investment director to consider investing locally.for an Act to provide for a legislative management study regarding the benefits of investing legacy fund moneys locally."
jurisdiction: "us/states/nd"
legislature: "North Dakota Legislative Assembly"
session: "67"
identifier: "HB 1231"
citation: "North Dakota HB 1231 (67)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 17
vote_count: 0
first_action: "2021-01-11"
last_action: "2021-04-21"
source: "openstates"
source_identifier: "ocd-bill/158cce68-9c54-4dc6-b026-b37d641c89c1"
source_url: "http://www.ndlegis.gov/assembly/67-2021/regular/bill-overview/bo1231.html"
source_hash: "c707ead4286542c36db21e3c8a884bba31efda57e855286d0a8b04ac49135810"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nd"]
---

# North Dakota HB 1231 (67) — Relating to duty of the investment director to consider investing locally.for an Act to provide for a legislative management study regarding the benefits of investing legacy fund moneys locally.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **INTRODUCED** (filed) — [source](http://www.ndlegis.gov/assembly/67-2021/regular/documents/21-0127-01000.pdf)
2. **Enrollment** (committee substitute) — [source](http://www.ndlegis.gov/assembly/67-2021/regular/documents/21-0127-03000.pdf)
3. **FIRST ENGROSSMENT** (committee substitute) — [source](http://www.ndlegis.gov/assembly/67-2021/regular/documents/21-0127-02000.pdf)

## Sponsors

- Conley — cosponsor (person)
- Koppelman — cosponsor (person)
- Ostlie — cosponsor (person)
- Paulson — cosponsor (person)
- Ruby — cosponsor (person)
- Satrom — cosponsor (person)
- Schauer — cosponsor (person)
- Vetter — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-01-11** Introduced, first reading, referred Government and Veterans Affairs Committee `introduction`
- **2021-01-22** Committee Hearing 08:30
- **2021-02-08** Reported back amended, do pass, amendment placed on calendar 9 3 2 `committee-passage, committee-passage-favorable`
- **2021-02-09** Amendment adopted, placed on calendar
- **2021-02-16** Second reading, passed, yeas 94 nays 0 `passage, reading-2`
- **2021-02-17** Received from House
- **2021-02-18** Introduced, first reading, referred Government and Veterans Affairs Committee `introduction`
- **2021-03-04** Committee Hearing 03:15
- **2021-04-01** Committee Hearing 10:00
- **2021-04-01** Reported back, do pass, place on calendar 7 0 0 `committee-passage, committee-passage-favorable`
- **2021-04-05** Second reading, passed, yeas 42 nays 5 `passage, reading-2`
- **2021-04-06** Returned to House
- **2021-04-08** Signed by President
- **2021-04-14** Signed by Speaker
- **2021-04-15** Sent to Governor `executive-receipt`
- **2021-04-20** Signed by Governor 04/19 `executive-signature`
- **2021-04-21** Filed with Secretary Of State 04/20 `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/158cce68-9c54-4dc6-b026-b37d641c89c1`. Confidence: reported (aggregated from official North Dakota legislature records).