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SB 2214NORTH DAKOTASession 69State BillSigned into law
Enacted

North Dakota shifts securities commissioner duties to insurance commissioner and transfers department funding

Original title: AN ACT to amend and reenact subsection 4 of section 6-01-07.1, subsections 4 and 5 of section 10-04-02, sections 10-04-03 and 10-04-16, paragraph 2 of subdivision a of subsection 1 of section 10-04-16.1, section 26.1-06-12, subsection 3 of section 43-10.1-01, subsection 2 of section 43-23.1-05, subsection 4 of section 51-19-02, subsection 3 of section 51-23-02, subsection 1 of section 51-23-15, subsection 1 of section 54-12-08, subsection 1 of section 54-59-22.1, subsection 4 of section 57-38.5-01, and subsection 5 of section 57-38.6-01 of the North Dakota Century Code, relating to the insurance commissioner assuming the duties of the securities commissioner; to provide for a transfer; to provide an effective date; and to declare an emergency.

Last action · April 21, 2025: Filed with Secretary Of State 04/17Sponsors: Dale Patten and 5 others

Bill progressHistory & official text ↓
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

North Dakota enacts legislation transferring all duties of the state securities commissioner to the insurance commissioner, effective July 1, 2025. The measure directs the office of management and budget to transfer appropriations and full-time equivalent positions from the securities department to the insurance commissioner for the 2025-2027 and declares an .

Why it matters

Consolidates regulatory oversight of state securities and insurance under a single official, shifting administrative responsibilities and staff positions starting July 1, 2025.

Background
  • The North Dakota Century Code is the codified law of the state of North Dakota. context

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Insurance Commissioner

Assumes all duties, administrative powers, and transferred appropriations of the former securities commissioner.

Directly affected

Securities Department staff

Positions and appropriations are transferred to the insurance commissioner for the 2025-2027 biennium.

Directly affected

Broker-dealers and investment advisers

Subject to regulatory oversight and administration by the insurance commissioner instead of an independent securities commissioner.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who takes over the responsibilities of the securities commissioner under this law?
The insurance commissioner assumes the duties of the securities commissioner.
When does this legislation take effect?
The Act becomes effective on July 1, 2025, and is declared an .
What happens to the funding and staff of the securities department?
The office of management and budget is directed to transfer any amounts and full-time equivalent positions appropriated or authorized for the securities department to the insurance commissioner for the beginning July 1, 2025, and ending June 30, 2027.

What else do you want to know?

News Coverage

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Where This Stands

Current status: Signed into law.

Procedural history

21 actions
  1. Apr 21, 2025
    Filed with Secretary Of State 04/17
  2. Apr 18, 2025SenateEnrolled
    Signed by Governor 04/17
  3. Apr 16, 2025SenateEnrolled
    Sent to Governor
  4. Apr 15, 2025Senate
    Signed by President
  5. Apr 15, 2025House
    Signed by Speaker
  6. Apr 11, 2025SenateFloor
    Second reading, passed, yeas 40 nays 6, Emergency clause carried
Show 15 earlier actions
  1. Apr 11, 2025Senate
    Concurred
  2. Apr 2, 2025Senate
    Returned to Senate (12)
  3. Apr 1, 2025House
    Emergency clause carried
  4. Apr 1, 2025HouseFloor
    Second reading, passed as amended, yeas 88 nays 1
  5. Mar 31, 2025HouseCommittee
    Amendment adopted, placed on calendar
  6. Mar 28, 2025HouseCommittee
    Reported back amended, do pass, amendment placed on calendar 21 0 2
  7. Mar 12, 2025House
    Rereferred to Appropriations
  8. Mar 12, 2025HouseCommittee
    Reported back, do pass 14 0 0
  9. Mar 12, 2025HouseCommittee
    Committee Hearing 10:15
  10. Mar 7, 2025HouseIntroduced
    Introduced, first reading, referred Industry, Business and Labor Committee
  11. Feb 25, 2025House
    Received from Senate
  12. Feb 24, 2025SenateFloor
    Second reading, passed, yeas 29 nays 18
  13. Feb 20, 2025SenateCommittee
    Reported back, do pass, place on calendar 4 1 0
  14. Jan 29, 2025SenateCommittee
    Committee Hearing 02:15
  15. Jan 16, 2025SenateIntroduced
    Introduced, first reading, referred Industry and Business Committee

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Dale PattenSenate · District 26RepublicanPrimary sponsor
David HogueSenate · District 38RepublicanCosponsor
Dean RummelSenate · District 37RepublicanCosponsor
Stemen, GregoryHouseCosponsor
Steve SwiontekHouseRepublicanCosponsor
Show 1 more sponsor
Jonathan WarreyHouseRepublicanCosponsor

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift98% confidence

Consolidation of Regulatory Offices

The legislation merges two distinct regulatory domains (insurance and securities) under a single commissioner.

North Dakota Century Code

Connected Entities

Hogue, David, Patten, Dale, Swiontek, Steve and 4 more
PersonHogue, David“Senate sponsor of SB 2214”Map →
PersonPatten, Dale“Senate sponsor of SB 2214”Map →
PersonSwiontek, Steve“House sponsor of SB 2214”Map →
PersonWarrey, Jonathan“House sponsor of SB 2214”Map →
PersonRummel, Dean“Senate sponsor of SB 2214”Map →
PersonStemen, Gregory“House sponsor of SB 2214”Map →
OrganizationNorth Dakota Century Code“Statutory code amended by the bill”Map →

Sources

Open source document

ndlegis.gov

Analysis Score

0–100
  • Significance75
    How much this matters to a regular citizen
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz25
    Current news / social attention level

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