LEGACY FUND
ND oil tax "Legacy Fund" hits $850 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.
By Associated Press , February 25, 2013
Use N.D. fund’s earnings to pay all tuitions
In 2010, North Dakota voters approved the establishment of the Legacy Fund, a constitutionally mandated state savings account that would collect 30 percent of all oil tax revenues. But the fund did not have a defined purpose.
By Dustin Gawrylow , January 28, 2013
ND oil tax Legacy Fund tops $700 million in assets
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.
By Associated Press , December 20, 2012
Advice sought on investing $500 million ND oil fund
A state board agreed Thursday to hire a consultant for advice on how to invest a rapidly growing, $500 million North Dakota oil tax fund that was established by voters less than two years ago.
By Dale Wetzel , August 23, 2012
Minnesota Legacy money proposed for Capitol renovation
Minnesota House committee members are questioning whether renovating the Capitol with money set aside for arts projects could survive a legal challenge.
By Associated Press , March 13, 2012
COMMENTARY: Invasive species hit Minnesota politics
"Some of the smallest thinking that occurred in Minnesota on Thursday took place in a tucked-away hearing room at the Capitol," Twin Cities outdoors writer-columnist Dennis Anderson writes.
By Dennis Anderson , January 27, 2012
OUTDOORS NOTEBOOK: Hunters kill fewer deer, Study cites improper use of Legacy Fund dollars etc.
Minnesota hunters shot 192,300 deer during the 2011 season. That’s a drop of 15,000 from the 207,000 deer killed in 2010.
By Compiled by Brad Dokken , January 22, 2012
Minnesota arts groups angered by denial of Legacy funds
More than a dozen Twin Cities groups that received Legacy Amendment-funded grants through the Minnesota State Arts Board in past years were stunned this year to find their applications rejected on what some say are technicalities. The Arts Board's more exacting approach comes in a charged political atmosphere that is focusing greater scrutiny on state funds intended for the arts.
By Graydon Royce , December 09, 2011
Legacy Amendment funding shift perhaps has clerical roots
Contained deep in last week's 93-page report from the Minnesota legislative auditor's report on the 2008 voter-approved tax hike that included funding for the outdoors was an interesting observation: Appropriations recommended by the Lessard-Sams Outdoor Heritage Council and approved by the Legislature show a distinct shift from wetlands to prairies over the first three years.
By Dave Orrick , December 05, 2011
OUR OPINION: Stadiums aren’t on Legacy Fund’s list
Minnesotans increased the state sales tax in 2008 to pay for conservation and traditional arts programs, not a billion-dollar sports stadium.
So, for House and Senate Republicans to contemplate using the Legacy money to build a stadium now is the worst kind of bait-and-switch.
By Tom Dennis for the Herald , October 25, 2011
Conservative groups seek repeal of Minnesota Legacy funding
"I think the voters were hoodwinked," said Andy Cilek, president of the Minnesota Voters Alliance, which is joining forces with the North Star Tea Party Patriots and the Northern Liberty Alliance on a repeal campaign.
By Mike Kaszuba , May 27, 2011
MINNESOTA LEGISLATURE: Urdahl promises legacy bill will return
An author of a $450 million bill allocating sales tax proceeds toward outdoors and arts projects promised shortly after it fell victim to the end of the 2011 regular legislative session that it would be back, but the House speaker offered no such guarantees.
By Andrew Tellijohn , May 24, 2011
North Dakota Measure 1 would create 'Legacy Fund' of oil tax revenue for future
Voters will decide in November whether the state should save a portion of oil tax revenue for future generations. Measure 1 would require 30 percent of oil extraction and gross production tax revenue to go into a “Legacy Fund.”
By Teri Finneman , October 15, 2010
Attorney General Stenehjem says oil amendment would affect spending
A proposed new savings account for North Dakota's oil tax collections won't affect oil money that is already set aside for schools, Attorney General Wayne Stenehjem said Monday.
By Dale Wetzel , September 21, 2010
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