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North Dakota Industrial Commission

From Wikipedia, the free encyclopedia

North Dakota Industrial Commission
Seal of North Dakota, used by the Industrial Commission when operating as a whole
Commission overview
Formed1919 (1919)
JurisdictionGovernment of North Dakota
HeadquartersNorth Dakota State Capitol, Bismarck, North Dakota
46°49′16″N 100°46′59″W / 46.821°N 100.783°W / 46.821; -100.783
Commission executive Edit this at Wikidata

The North Dakota Industrial Commission is the body that oversees the management of several separate programs and resources, including the Bank of North Dakota,[1] North Dakota Mill and Elevator,[1] and the Department of Mineral Resources.[2] By law, it has three members: the Attorney General, Agriculture Commissioner, and the Governor, who acts as chair.[2]

Areas of Responsibility

Bank of North Dakota

The Bank of North Dakota is a state-owned-run financial institution. The president of the Bank reports to the Industrial Commission, who oversee the bank alongside a separate advisory board appointed by the governor.[3]

Building Authority

The North Dakota Building Authority finances and manages the real estate used by the State of North Dakota. By statute, the Industrial Commission also acts as the Building Authority.[3]

Department of Mineral Resources

The North Dakota Department of Mineral Resources houses both the North Dakota Geological Survey, which provides geological and geographical information to the legislature, other state agencies, and to the general public, and the Oil and Gas Division, which regulates the extraction of those resources within the state. The Industrial Commission oversees the department, whose director is appointed by the Governor.[2]

Housing Finance Agency

The North Dakota Housing Finance Agency provides financial assistance and economic incentives to homebuyers within the state, including special assistance to low-income and first-time homebuyers. It also oversees United States Department of Housing and Urban Development programs within the state. The Industrial Commission oversees this agency.[3]

Lignite Research, Development and Marketing Program

The North Dakota Lignite Research, Development, and Marketing Program is a fund that provides for the research, development, and marketing of North Dakota's lignite coal resources. It is administered by the Industrial Commission, under advisement from the Lignite Research Council, a group of public and private sector experts appointed by the Governor.[3]

Mill and Elevator

The North Dakota Mill and Elevator Association is a company owned by the State of North Dakota and overseen by the Industrial Commission that owns the largest flour mill in the United States. By statute, all capital and operating expenses are paid for by the association's revenues, after which 75% of all net profits are added to the state's general fund.[3]

Oil and Gas Research Program

The Oil and Gas Research Program is a public fund that exists to promote the interests of the energy industry in North Dakota. The North Dakota Legislative Assembly appropriates money for the Oil and Gas Research Fund, which is administered by the Industrial Commission based on recommendations made by the Oil and Gas Research Council. The Council has eight members—seven industry representatives and one commissioner from an oil producing county—all of whom are appointed by the governor. The director of Department of Mineral Resources Oil and Gas Division and the State Geologist both advise the board as ex-officio nonvoting members.[3]

Pipeline Authority

Public Finance Authority

Renewable Energy Program

Student Loan Trust

Transmission Authority


  1. ^ a b Dalrymple, Amy (April 22, 2018). "ND Industrial Commission falls 8 months behind on meeting minutes". The Bismarck Tribune. Retrieved August 22, 2018.
  2. ^ a b c "Information about the ND Industrial Commission". North Dakota State Government. Retrieved August 22, 2018.
  3. ^ a b c d e f Biennial Report (PDF) (Report). Industrial Commission of North Dakota. 2017. Retrieved August 30, 2018.

External links

Official website

This page was last edited on 19 March 2020, at 00:56
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