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ND SB2137

Bill

Status

Engrossed

2/22/2011

Primary Sponsor

Shirley Meyer

Click for details

Origin

Senate

62nd Legislative Assembly

AI Summary

  • Creates a new sales and use tax exemption for gross receipts from sales made by thrift stores owned and operated by nonprofit corporations exempt from federal taxation under Internal Revenue Code section 501(c)(3)

  • Adds the exemption as a new subsection to North Dakota Century Code section 57-39.2-04

  • Effective for taxable events occurring after June 30, 2011

  • Introduced by Senators Hogue, Oehlke, and Heckaman, and Representatives Brandenburg, S. Meyer, and Porter in the Sixty-second Legislative Assembly

Legislative Description

A sales and use tax exemption for sales by thrift stores owned and operated by nonprofit corporations; and to provide an effective date.

Last Action

Second reading, failed to pass, yeas 37 nays 55

3/17/2011

Committee Referrals

Finance and Taxation2/24/2011
Appropriations1/24/2011
Finance and Taxation1/5/2011

Full Bill Text

No bill text available