Loading chat...
ND HB1356
Bill
Status
Introduced
1/17/2011
Primary Sponsor
Patrick Hatlestad
Click for details
AI Summary
- Creates a new individual income tax deduction allowing up to $2,000 reduction of student higher education loan payments made during the taxable year
- Limits the deduction to taxpayers who are the primary obligor on the loan and residents of North Dakota
- Amends section 57-38-30.3, subsection 2 of the North Dakota Century Code
- Effective for taxable years beginning after December 31, 2010
Legislative Description
An individual income tax deduction for higher education student loan repayment; and to provide an effective date.
Last Action
Second reading, failed to pass, yeas 38 nays 56
2/15/2011
Committee Referrals
Finance and Taxation1/17/2011
Full Bill Text
No bill text available