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ND Legislative Update by Kayla Pulvermacher, State Legislative Director The North Dakota Legislature is fully expected to wrap up their work this week. While many appropriation bills have yet to be finalized, things should begin to fall into place midweek. So what’s next? Redistricting will begin soon, starting with creating a committee made up of Republicans and Democrats. The committee will most likely meet several times this summer and fall, and a special legislative session will follow later this year to pass the plan. Redistricting occurs every 10 years, using census data. Although the special session is being held expressly to consider a redistricting plan, the Legislature can address other issues, too. Because COVID-19 dollars are still rolling into the state, it is likely they will address where those dollars are to be spent. The Department of Financial Institutions plans to look at administrative code. Although no major overhaul is expected for credit unions, there are some plans to look at derivatives. The Department will also be holding a virtual “Day with the Commissioner” event on May 12. They will cover the legislative session and the bills that affect the financial industry, the state of the financial industry and will answer questions. Finally, I want to thank you for following along during my first legislative session with the Association. I have thoroughly enjoyed getting to know the issues that affect credit unions, and most importantly, getting to represent you—the members! I continue to feel honored to represent an organization with such an important mission in North Dakota. I look forward to meeting many of you at the Summit next week.
ND Legislative Update
by Kayla Pulvermacher, State Legislative Director
The North Dakota Legislature is fully expected to wrap up their work this week. While many appropriation bills have yet to be finalized, things should begin to fall into place midweek.
So what’s next?
Redistricting will begin soon, starting with creating a committee made up of Republicans and Democrats. The committee will most likely meet several times this summer and fall, and a special legislative session will follow later this year to pass the plan. Redistricting occurs every 10 years, using census data.
Although the special session is being held expressly to consider a redistricting plan, the Legislature can address other issues, too. Because COVID-19 dollars are still rolling into the state, it is likely they will address where those dollars are to be spent.
The Department of Financial Institutions plans to look at administrative code. Although no major overhaul is expected for credit unions, there are some plans to look at derivatives. The Department will also be holding a virtual “Day with the Commissioner” event on May 12. They will cover the legislative session and the bills that affect the financial industry, the state of the financial industry and will answer questions.
Finally, I want to thank you for following along during my first legislative session with the Association. I have thoroughly enjoyed getting to know the issues that affect credit unions, and most importantly, getting to represent you—the members! I continue to feel honored to represent an organization with such an important mission in North Dakota. I look forward to meeting many of you at the Summit next week.