Advisory board chairman predicts Legacy Fund won’t be tapped in 2017
BISMARCK — The chairman of the board that recommends how to invest North Dakota’s Legacy Fund predicted Monday that state lawmakers won’t tap the fund — now valued at more than $2 billion — when they first get the opportunity in 2017.
“I don’t think there’s going to be a will to appropriate it,” said Rep. Keith Kempenich, a Bowman Republican and chairman of the Legacy and Budget Stabilization Fund Advisory Board.
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