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ND SB2252
Bill
Status
1/16/2017
Primary Sponsor
Jessica Unruh Bell
Click for details
AI Summary
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Amends Section 57-51-03 to clarify that oil and gas gross production tax covers equipment and machinery used in wells "or any well used for disposal of saltwater from oil and gas operations"
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Modifies Section 57-51-04 to expand the ad valorem tax exemption to include equipment and property used in "disposal of saltwater from oil and gas operations" in addition to oil and gas production
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Maintains that ice plants, hospitals, office buildings, garages, residences, gasoline extraction plants, water systems, fuel systems, and drilling rigs remain subject to ad valorem tax
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Confirms that the gross production tax is not in lieu of income taxes or retail excise taxes on oil and gas products
Legislative Description
Items eligible for the oil and gas gross production tax.
Last Action
Second reading, failed to pass, yeas 0 nays 45
1/30/2017