ND HB1360

Changes the allocation percentage of sales, gross receipts, use, and motor vehicle excise tax collections deposited into the state aid distribution fund from 40% to 60% of an amount determined by the sales tax rate formula.

Maintains the existing distribution formula allocating revenues to counties (53.7%) and cities (46.3%) in the first month after each quarterly period.

County distributions remain based on population categories, with 64% going to the 17 most populous counties and 36% to remaining counties, with local options to distribute to townships and rural taxing districts.

City distributions remain tiered by population size from cities with 80,000+ residents down to those with fewer than 200 residents, with local options to distribute to park districts and other taxing districts.

Act becomes effective for taxable events occurring after June 30, 2011.