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ND SB2031
Bill
Status
Passed
3/15/2017
Primary Sponsor
Legislative Management
Click for details
AI Summary
- Amends Section 57-60-14 of the North Dakota Century Code regarding allocation of coal conversion tax revenue from facilities to counties and the state general fund
- State treasurer allocates coal conversion tax revenue quarterly as 15% to counties and 85% to state general fund, with exceptions for certain tax types through December 31, 2009
- Allocations to each county cannot be less in any calendar year than the amount received in the immediately preceding calendar year, with a continuing appropriation for shortfall payments
- Counties with coal conversion facilities established after January 1, 2002 must receive at least as much revenue in 2002 as they received in property taxes for that facility in 2001
- Creates two effective periods with identical allocation provisions: through July 31, 2018 and after July 31, 2018
Legislative Description
The allocation of coal conversion tax revenue collections; and to provide an effective date.
Last Action
Signed by Governor 03/14
3/15/2017
Committee Referrals
Finance and Taxation2/22/2017
Appropriations1/5/2017
Finance and Taxation1/3/2017
Full Bill Text
No bill text available