ND oil tax Legacy Fund tops $700 million in assets


Jodi Rave Spotted Bear

Jodi Rave Spotted Bear

December 27, 2012

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.read more

Jodi Rave Spotted Bear

(Mandan, Hidatsa and Arikara Nation)

Founder & Editor in Chief

Location: Twin Buttes, North Dakota

Spoken Languages: English

Topic Expertise: Federal trust relationship with American Indians; Indigenous issues ranging from spirituality and environment to education and land rights

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Jodi Rave Spotted Bear

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ND oil tax Legacy Fund tops $700 million in assets | Buffalo’s Fire