North Dakota voters will decide on an amendment to decrease the amount of money lawmakers can spend from the state legacy fund. The amendment is set to appear on the Nov. 5, 2024, ballot.
The amendment, House Concurrent Resolution 3033, passed the North Dakota House of Representatives on April 25, 2023. It was introduced in the House on Feb. 21, 2023, and then passed the House for the first time on March 14 by a vote of 67-24. The North Dakota State Senate amended the measure and passed it on April 10 by 45-1, and returned it to the House to be approved again.
The North Dakota Legacy Fund is a sovereign wealth fund that was established in 2010 when voters approved Constitutional Measure 1 by 63%-36%.
