“Surge” Fund Proposed by Western Legislators
A group of western North Dakota state legislators is proposing to tap the state’s Strategic Investment & Improvement Fund to establish a new $800 million “Surge” fund to help oil patch political subdivisions, cities and schools. The legislators pointed to the ongoing and urgent needs in oil patch communities. Legislative leaders are also expected to release a plan to adjust the oil tax distribution formula to so that additional revenue flows to local oil patch entities. Read more in the Dickinson Press.