Legacy Fund Proposal To Appear On 2024 Ballot

(Bismarck, ND) — A proposal that would change the amount of oil money that North Dakota sets aside will appear on the 2024 ballot. Voters will decide on whether to lower the amount of Legacy Fund money that lawmakers can spend every two years. A House resolution would lower the amount of the principal in the fund that can be spent from 15-percent to five-percent. The state retirement and investment office says the Legacy Fund now has a balance of over eight-point-five billion dollars.