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ND HB1213

Bill

Official Source

Status

Introduced

1/3/2019

Primary Sponsor

David Monson

Click for details

Origin

House of Representatives

66th Legislative Assembly

AI Summary

  • Adds a new sales tax exemption to North Dakota Century Code section 57-39.2-04 for gross receipts from thrift store sales by nonprofit corporations exempt from federal taxation under Internal Revenue Code section 501(c)(3)

  • Exemption applies only to thrift stores that are owned and operated by qualifying nonprofit corporations

  • Effective for taxable events occurring after June 30, 2019

Legislative Description

A sales tax exemption for sales by a thrift store of a nonprofit corporation; and to provide an effective date.

Last Action

Second reading, failed to pass, yeas 35 nays 54

1/28/2019

Committee Referrals

Finance and Taxation1/3/2019

Full Bill Text

No bill text available