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.

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.