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---
type: "Bill"
title: "Relating to a water infrastructure revolving loan fund and bonded debt repayments; to amend and reenact subsection 1 of section 60949, and sections 609.406 and 609.410 of the North Dakota Century Code, relating to interest rates for infrastructure revolving loans, borrowing and lending authority of the public finance authority, and reserve funds associated with bonds; to repeal chapter 609.5 and section 610278 of the North Dakota Century Code, relating to a community water development fund and an infrastructure revolving loan fund within the resources trust fund; to provide an appropriation; to provide a continuing appropriation; to provide for a transfer; to provide for a contingent transfer; to provide a bond issue limit; to provide a statement of legislative intent; and to provide a loan repayment."
description: "Relating to a water infrastructure revolving loan fund and bonded debt repayments; to amend and reenact subsection 1 of section 60949, and sections 609.406 and 609.410 of the North Dakota Century Code, relating to interest rates for infrastructure revolving loans, borrowing and lending authority of the public finance authority, and reserve funds associated with bonds; to repeal chapter 609.5 and section 610278 of the North Dakota Century Code, relating to a community water development fund and an infrastructure revolving loan fund within the resources trust fund; to provide an appropriation; to provide a continuing appropriation; to provide for a transfer; to provide for a contingent transfer; to provide a bond issue limit; to provide a statement of legislative intent; and to provide a loan repayment."
jurisdiction: "us/states/nd"
legislature: "North Dakota Legislative Assembly"
session: "67"
identifier: "HB 1431"
citation: "North Dakota HB 1431 (67)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 4
action_count: 22
vote_count: 0
first_action: "2021-01-18"
last_action: "2021-04-22"
source: "openstates"
source_identifier: "ocd-bill/d910f996-8a71-47bd-bed5-7afadea78d7b"
source_url: "http://www.ndlegis.gov/assembly/67-2021/regular/bill-overview/bo1431.html"
source_hash: "67b9b91ab2d9ca1718578dfd5af0ced68d7e88a3079859feeb4822b4615828b2"
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 1431 (67) — Relating to a water infrastructure revolving loan fund and bonded debt repayments; to amend and reenact subsection 1 of section 60949, and sections 609.406 and 609.410 of the North Dakota Century Code, relating to interest rates for infrastructure revolving loans, borrowing and lending authority of the public finance authority, and reserve funds associated with bonds; to repeal chapter 609.5 and section 610278 of the North Dakota Century Code, relating to a community water development fund and an infrastructure revolving loan fund within the resources trust fund; to provide an appropriation; to provide a continuing appropriation; to provide for a transfer; to provide for a contingent transfer; to provide a bond issue limit; to provide a statement of legislative intent; and to provide a loan repayment.
## 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/21-0899-03000.pdf)
2. **Enrollment** (committee substitute) — [source](http://www.ndlegis.gov/assembly/67-2021/regular/documents/21-0899-06000.pdf)
3. **FIRST ENGROSSMENT** (committee substitute) — [source](http://www.ndlegis.gov/assembly/67-2021/regular/documents/21-0899-04000.pdf)
4. **FIRST ENGROSSMENT with Senate Amendments** (committee substitute) — [source](http://www.ndlegis.gov/assembly/67-2021/regular/documents/21-0899-05000.pdf)
## Sponsors
- Pollert — cosponsor (person)
- Schmidt — cosponsor (person)
- Sorvaag — cosponsor (person)
- Wardner — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-01-18** Introduced, first reading, referred Appropriations Committee `introduction`
- **2021-02-01** Committee Hearing 03:15
- **2021-02-16** Reported back amended, do pass, amendment placed on calendar 14 4 3 `committee-passage, committee-passage-favorable`
- **2021-02-17** Amendment adopted, placed on calendar
- **2021-02-19** Second reading, passed, yeas 74 nays 17 `passage, reading-2`
- **2021-02-22** Received from House
- **2021-02-22** Introduced, first reading, referred Finance and Taxation Committee `introduction`
- **2021-03-17** Committee Hearing 09:00
- **2021-03-26** Reported back amended, do pass, amendment placed on calendar 7 0 0 `committee-passage, committee-passage-favorable`
- **2021-03-29** Amendment adopted
- **2021-03-29** Rereferred to Appropriations
- **2021-03-31** Committee Hearing 02:30
- **2021-04-07** Reported back, do pass, place on calendar 14 0 0 `committee-passage, committee-passage-favorable`
- **2021-04-08** Reconsidered
- **2021-04-08** Amendment failed, placed on calendar `amendment-failure`
- **2021-04-08** Second reading, passed, yeas 46 nays 0 `passage, reading-2`
- **2021-04-08** Returned to House
- **2021-04-12** Signed by President
- **2021-04-16** Signed by Speaker
- **2021-04-16** Sent to Governor `executive-receipt`
- **2021-04-21** Signed by Governor 04/21 `executive-signature`
- **2021-04-22** Filed with Secretary Of State 04/21 `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d910f996-8a71-47bd-bed5-7afadea78d7b`. Confidence: reported (aggregated from official North Dakota legislature records).