North Dakota § 57-51.1-07.5 State share of oil and gas taxes - Deposits

North Dakota Statutes

§ 57-51.1-07.5 — State share of oil and gas taxes - Deposits

North Dakota § 57-51.1-07.5

Title 57Taxation

Ch. 57-51.1Oil Extraction Tax

This text of North Dakota § 57-51.1-07.5 (State share of oil and gas taxes - Deposits) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 57-51.1-07.5 (2026).

Text

From the revenues designated for deposit in the state general fund under chapters 57-51 and 57-51.1, the state treasurer shall deposit the revenues received each biennium in the following order:

1.The first two hundred fifty million dollars into the state general fund;

2.The next two hundred fifty million dollars into the social service fund;

3.The next seventy-five million dollars into the budget stabilization fund, but not in an amount that would bring the balance in the fund to more than the limit in section 54-27.2-01;

4.The next two hundred fifty million dollars into the state general fund;

5.The next ten million dollars into the lignite research fund;

6.The next twenty million dollars into the state disaster relief fund, but not in an amount that would bring the unobligated bal

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From the revenues designated for deposit in the state general fund under chapters 57-51
and 57-51.1, the state treasurer shall deposit the revenues received each biennium in the
following order:
1. The first two hundred fifty million dollars into the state general fund;
2. The next two hundred fifty million dollars into the social service fund;
3. The next seventy-five million dollars into the budget stabilization fund, but not in an
amount that would bring the balance in the fund to more than the limit in section
54-27.2-01;
4. The next two hundred fifty million dollars into the state general fund;
5. The next ten million dollars into the lignite research fund;
6. The next twenty million dollars into the state disaster relief fund, but not in an amount
that would bring the unobligated balance in the fund to more than twenty million
dollars;
7. The next fifty-nine million seven hundred fifty thousand dollars, or the amount
necessary to provide for twice the amount of the distributions under subsection 3 of
section 57-51.1-07.7, into the funds designated for infrastructure development in
non-oil-producing counties under sections 57-51.1-07.7 and 57-51.1-07.8 with fifty
percent deposited into the municipal infrastructure fund and fifty percent deposited into
the county and township infrastructure fund;
8. The next one hundred million two hundred fifty thousand dollars or the amount
necessary to provide a total of one hundred sixty million dollars into the funds
designated for infrastructure development in non-oil-producing counties under sections
57-51.1-07.7 and 57-51.1-07.8 with fifty percent deposited into the municipal
infrastructure fund and fifty percent deposited into the county and township
infrastructure fund;
9. The next sixty-five million dollars to the public employees retirement fund for the main
system plan;
10. The next twenty million dollars into the airport infrastructure fund; and
11. Any additional revenues into the strategic investment and improvements fund.