ND Legislature Approves Income and Corporate Tax Relief - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

ND Legislature Approves Income and Corporate Tax Relief

Posted:
Bismarck, ND -

North Dakota taxpayers and business owners will get income and corporate tax relief after all.

The State House gave the final approval today on a bill they have been holding onto for weeks.

It includes tax reductions of $200 million for income and $50 million in corporate taxes.

House members' yea votes comes just days after the Senate killed a $350 million income and corporate tax relief package.

Montpelier Representative Craig Headland says, "we passed a better tax bill it was better for the North Dakota citizens and although it is a good day for North Dakota, it's not as good as it could have been."

Headland says the tax relief will mean a rate reduction of 20% for income and 12% for corporate.

  • Bismarck/Mandan NewsMore>>

  • Boy Scouts Clean Construction Sites for Community Service

    Boy Scouts Clean Construction Sites for Community Service

    Friday, April 18 2014 8:21 PM EDT2014-04-19 00:21:26 GMT
    Boy Scouts know when they sign up they'll be doing some community service. So, when a couple of crews signed up to collect trash at some local construction sites, it was expected. What they didn't expect,
    Ethan Porter and Scout crews 123 from Bismarck and 54 from Mandan brought about 30 people to clean up garbage near some construction sites.
  • Killdeer Residents Speak About Oil Boom Effects

    Killdeer Residents Speak About Oil Boom Effects

    Friday, April 18 2014 7:08 PM EDT2014-04-18 23:08:27 GMT
    A day after the Dyad shutdown, Killdeer residents share the impact of the oil boom on their community. The oil business brings all types to this once quiet town. Everything is affected... from restaurants
    A day after the Dyad shutdown, Killdeer residents share the impact of the oil boom on their community. The oil business brings all types to this once quiet town. Everything is affected... from restaurants
  • Dyad Environmental Statement on Health Dept. Order

    Dyad Environmental Statement on Health Dept. Order

    Friday, April 18 2014 6:44 PM EDT2014-04-18 22:44:51 GMT
    "Dyad Environmental is a new company, who began processing TENORM less than 30 days after posting a $1.25M bond, and spending two years obtaining appropriate permits and licenses.
    "Dyad Environmental is a new company, who began processing TENORM less than 30 days after posting a $1.25M bond, and spending two years obtaining appropriate permits and licenses.
  • PoliticalMore>>

  • Asia seeks Obama's assurance in territorial spats

    Asia seeks Obama's assurance in territorial spats

    Sunday, April 20 2014 1:52 PM EDT2014-04-20 17:52:41 GMT
    As President Barack Obama travels through Asia this coming week, he will find a region that's warily watching the crisis in Ukraine through the prism of its own territorial tensions with China.
    As President Barack Obama travels through Asia this coming week, he will confront a region that's warily watching the crisis in Ukraine through the prism of its own territorial tensions with China.
  • Ex-justice says politics can be factor on retiring

    Ex-justice says politics can be factor on retiring

    Sunday, April 20 2014 1:52 PM EDT2014-04-20 17:52:39 GMT
    John Paul Stevens says he thinks it's appropriate for Supreme Court justices to factor in political considerations when weighing a decision to retire.
    John Paul Stevens says he thinks it's appropriate for Supreme Court justices to factor in political considerations when weighing a decision to retire.
  • Study: Fuels from corn waste not better than gas

    Study: Fuels from corn waste not better than gas

    Sunday, April 20 2014 1:13 PM EDT2014-04-20 17:13:59 GMT
    A study paid for by the federal government says biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term.
    Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil...
Quick Clicks
Closings/Delays
View list
Calendar
What's happening?
Lottery Results
Feeling lucky?
Viewer Photos
Submit yours!
Road Report
Current conditions
TV Listings
See what's on
Gas Prices
Check near you
E-Mail Newsletter
Signup now

Most Popular

Stories
Videos
loading...
Powered by WorldNow
General information or questions:
kxinfo@kxnet.com

News:
Bismarck:
Phone: 701-223-9197
News Fax: 701-223-1985

News:
Minot:
Phone: 701-852-2104
News Fax: 701-838-1050
All content © Copyright 2000 - 2014 WorldNow and KXNET. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.