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Hub cities seek state help to reduce lingering oil‑boom infrastructure debt; bill would tap Energy Impact Fund
Summary
Senate Bill 2323 would authorize an annual $20 million appropriation from the Energy Impact Fund to help pay debt tied to oil‑industry infrastructure in Williston, Minot and Dickinson; sponsors and local officials said city debt created to accommodate the Bakken boom still limits local budgets.
Senate Bill 2323 drew testimony from local finance officers and municipal associations who described multi‑million‑dollar debt incurred to build airports, wastewater plants, roads and other infrastructure during the Bakken oil boom.
Sponsor Senator Brad Beckettall said the bill would provide a $20 million annual appropriation to the Energy Impact Fund for distribution to hub cities to reduce debt tied to oil‑related infrastructure. “This bill provides a $20,000,000 annual appropriation to the Energy Impact Fund for distribution to HUB Cities specifically to reduce the debt burdens that remain from infrastructure…
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