The full picture · 2 sources
North Dakota launches public transparency website for $15 billion Legacy Fund
Updated Oct 31, 12:07 PM CT. Every fact below links to the source that reported it.
What the primary sources show
- North Dakota's Retirement and Investment Office launched a public website at legacyfund.nd.gov to show how the state invests its Legacy Fund. [KFYR-TV]
- The Legacy Fund, established by constitutional amendment in 2010, receives 30 percent of the state's oil and gas tax revenues and is currently valued at more than $15 billion. [KFYR-TV]
- House Bill 1319, passed during the 2025 legislative session, required the State Investment Board to make this public website available. [KFYR-TV]
What they left out / still unanswered
- What specific concerns did the lawmaker raise about the transparency site, and what additional disclosures would they consider sufficient?
- Which portions of the fund's billions remain difficult to track on the new website, and why?
- What process will the state use to ensure the website data stays current as the fund's investments change?
Official line vs. how each source framed it
- Bismarck Tribune: Acknowledges the transparency site as a step forward but raises concerns that major portions of the fund still lack clarity, citing at least one lawmaker's view that the effort falls short. Read it → · Paywall
- KFYR-TV: Official announcement from the Retirement and Investment Office highlighting the website's features, accessibility, and the competitive bid process that selected Maryland firm Tactis LLC to build it. Read it → · Ads
701 News writes these summaries from the sources above and checks every sentence against them. Read the originals for the full reporting. Corrections