ND HB1049

Amends subsection 3 of section 54-35-26 of the North Dakota Century Code to require the legislative management interim committee to complete analysis of state-imposed tax aspects of economic development tax incentives within each six-year period.

Removes the wage and salary credit from the list of economic development tax incentives subject to regular review by renumbering subsequent items on the list.

Repeals section 57-38-30.1 of the North Dakota Century Code, which pertained to the wage and salary credit.

Maintains 17 economic development tax incentives on the list subject to analysis, including Renaissance zone credits, research expense credits, biodiesel fuel credits, seed capital investment credits, and various manufacturing and equipment-related credits.

Effective for taxable years beginning after December 31, 2016, with House passage of 92-0 and Senate passage of 45-0.