north-dakota-state-capitol

By Dave Thompson

BISMARCK, N.D. (Prairie Public Radio) – The state Senate has rejected the conference committee report on the Commerce Department budget.

One of the areas lawmakers objected to was a $5 million one-time grant towards the development of an amusement park in Jamestown. The $5 million would have to be matched, and the developer could then approach the state Investment Board for further money, through loans or grants.

Jamestown Republican Senator Terry Wanzek.

Grand Forks Republican Senator Ray Holmberg told the senate he’s concerned about the precedent this sets, after the Legislature approved a bill setting up the Legacy Infrastructure Loan Fund, to invest in North Dakota.

The bill – SB 2018 – was sent back to the conference committee for further work.