HB 1295 - Overview

A Amendment S SPA
E Engrossment $ Fiscal Note
HJ House Journal SJ Senate Journal
Sponsors

Introduced by Rep. S. Olson, Sen. Enget, Rep. Heilman, Rep. D. Johnston, Rep. Kasper, Sen. Magrum, Rep. Maki, Rep. Nehring, Rep. Toman


Title

A BILL for an Act to amend and reenact subsection 3 of section 54-35-26 and sections 57-40.2-03.3 and 57-60-06 of the North Dakota Century Code, relating to the evaluation of economic development tax incentives, the carbon dioxide capture and injection use tax exemption, and the ad valorem property tax exemption for carbon dioxide capture equipment used for enhanced oil recovery and secure geologic storage; to repeal sections 57-06-17.1, 57-06-17.2, and 57-39.2-04.14 of the North Dakota Century Code, relating to the carbon dioxide pipeline exemption, payments in lieu of taxes for certain carbon dioxide pipeline property, and the carbon dioxide capture and injection sales tax exemption; and to provide an effective date.


Current Status

Introduced


Last Official Action

Introduced, first reading, referred Finance and Taxation Committee