HB 1486 North Dakota House · 68th Legislative Assembly (2023-24)

A BILL for an Act to create and enact sections 54-52-02.15, 54-52.2-09, 54-52.6-02.1, 54-52.6-05.1, 54-52.6-09.5, 54-52.6-09.6, and 54-52.6-22 of the North Dakota Century Code, relating to the closure of the public employees retirement system main plan, the deferred compensation program, and expansion of the defined contribution retirement plan; to amend and reenact section 6-09.4-10.1, paragraph 1 of subdivision a of subsection 1 of section 15-39.1-10.3, sections 21-10-13, 54-52-01, 54-52-02.5, 54-52-02.9, 54-52-02.11, and 54-52-02.12, subsection 2 of section 54-52-05, sections 54-52-06 and 54-52-14.3, subdivision b of subsection 1 of section 54-52-17.2, and sections 54-52.6-01, 54-52.6-02, 54-52.6-03, 54-52.6-05, 54-52.6-08, 54-52.6-09, 54-52.6-10, 54-52.6-13, 54-52.6-15, and 54-52.6-19 of the North Dakota Century Code, relating to a transfer from the legacy earnings fund to the public employees retirement system main plan and the public employees retirement system defined benefit and defined contribution retirement plans; to repeal section 54-52-06.5 of the North Dakota Century Code, relating to public employees retirement system retirement plan contribution rates upon reaching full funding; to provide an appropriation; to provide for a transfer; to provide for application; and to provide an effective date.

Summary
Relating to the closure of the public employees retirement system main plan, the deferred compensation program, and expansion of the defined contribution retirement plan; to amend and reenact section 6‑09.4‑10.1, paragraph 1 of subdivision a of subsection 1 of section 15‑39.1‑10.3, sections 21‑10‑13, 54‑52‑01, 54‑52‑02.5, 54‑52‑02.9, 54‑52‑02.11, and 54‑52‑02.12, subsection 2 of section 54‑52‑05, sections 54‑52‑06 and 54‑52‑14.3, subdivision b of subsection 1 of section 54‑52‑17.2, and sections 54‑52.6‑01, 54‑52.6‑02, 54‑52.6‑03, 54‑52.6‑05, 54‑52.6‑08, 54‑52.6‑09, 54‑52.6‑10, 54‑52.6‑13, 54‑52.6‑15, and 54‑52.6‑19 of the North Dakota Century Code, relating to a transfer from the legacy earnings fund to the public employees retirement system main plan and the public employees retirement system defined benefit and defined contribution retirement plans; to repeal section 54‑52‑06.5 of the North Dakota Century Code, relating to public employees retirement system retirement plan contribution rates upon reaching full funding; to provide an appropriation; to provide for a transfer; to provide for application; and to provide an effective date.
Bill status failed 2 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Feb 2023
House Failed
Feb 2023
Governor
Introduced Jan 18, 2023 Last action Feb 22, 2023
Floor votes · House Feb 22, 2023

How they voted

1469
Failed · 1 other
Total votes 84
Feb 22, 2023
D Democratic11
11 Nay
100% Nay
R Republican73
14 Yea 58 Nay 1
79% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
9
Key actions
4
Committee
5
Feb 22, 2023
Vote failed
House Vote: fail (14-69-1)
house
Feb 17, 2023
Lower · Passed
Request return from committee
lower
Feb 8, 2023
Committee
Rereferred to Government and Veterans Affairs
lower
Feb 6, 2023
Lower · Passed
Reported back, do not pass, placed on calendar 12 1 0
lower
Jan 27, 2023
Lower · Passed
Committee Hearing 11:25
lower
Jan 26, 2023
Lower · Passed
Committee Hearing 08:30
lower
Jan 18, 2023
Introduced
Introduced, first reading, referred Government and Veterans Affairs Committee
lower
1 primary · 8 co-sponsors

Sponsors