AN ACT to create and enact a new section to chapter 4.1-01 of the North Dakota Century Code, relating to conservation easements and leaseholds; and to amend and reenact sections 4.1-01-21, 4.1-01-21.1, and 49-22-09.2 of the North Dakota Century Code, relating to the federal environmental law impact review fund, the environmental impact mitigation fund, and mitigating environmental impacts; and to declare an emergency.

Added interest and investment earnings to the composition of the federal environmental law impact review fund.

Changed investment authority for the federal environmental law impact review fund from the state investment board to the state treasurer in accordance with section 21-10-07.

Added interest and investment earnings to the composition of the environmental impact mitigation fund.

Added a new section 49-22-09.2 establishing specific requirements for payments to mitigate environmental impacts from energy conversion and transmission facilities.

Clarified that payments for wind energy facility mitigation must be made to the agriculture commissioner, while other energy conversion facilities may be made to the agriculture commissioner.