Founder & Editor in Chief

Federal trust relationship with American Indians

Indigenous issues ranging from spirituality and environment to education and land rights

English

Twin Buttes, North Dakota

Jodi Rave Spotted Bear

<html><head></head><body><p> <figure class="wp-block-image aligncenter max-w-golden mx-auto text-center"><img decoding="async" src="/api/proxy?url=http%3A%2F%2Fwww.grandforksherald.com%2Fmedia%2Fstory%2Fjpg%2F2012%2F07%2F18%2Foil-pump.jpg" class="next-image object-cover"></figure>North Dakota’s oil tax fund now has $707 million in assets. The Legacy Fund gets 30 percent of the state’s oil tax collections. None of the money can be spent until 2017, and even then it takes a two-thirds vote of the Legislature to dip into it.  <br><a target="blank" href="http://www.grandforksherald.com/event/article/id/252127/">read more</a></p>
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North Dakota’s oil tax fund now has $707 million in assets. The Legacy Fund gets 30 percent of the state’s oil tax collections. None of the money can be spent until 2017, and even then it takes a two-thirds vote of the Legislature to dip into it.  

ND oil tax Legacy Fund tops $700 million in assets