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2017 Senate Bill 551: Revised NRTC money allocation process
Introduced by Sen. Dave Hildenbrand (R) on September 12, 2017 To require that recommendations for spending Natural Resources Trust Fund money come from a group that includes the Governor, the state treasurer, the Senate Majority Leader, and the Speaker of the House (or their designees), and one member of an existing NRTF board. The bill would also revise rules on how much money the fund must hold for various purposes. State land oil and gas royalty money is earmarked for this fund.   Official Text and Analysis.
Referred to the Senate Appropriations Committee on September 12, 2017
Reported in the Senate on September 14, 2017 With the recommendation that the bill pass.
Amendment offered by Sen. Curtis Hertel, Jr. (D) on September 20, 2017
The amendment failed by voice vote in the Senate on September 20, 2017
Passed 27 to 8 in the Senate on September 20, 2017.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To require that recommendations for spending Natural Resources Trust Fund money come from a group that includes the Governor, the state treasurer, the Senate Majority Leader, and the Speaker of the House (or their designees), and one member of an existing NRTF board. The bill would also revise rules on how much money the fund must hold for various purposes. State land oil and gas royalty money is earmarked for this fund.
Received in the House on September 20, 2017
Referred to the House Appropriations Committee on September 20, 2017
Reported in the House on October 11, 2017 Without amendment and with the recommendation that the bill pass.

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