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ND HB1475

Bill

Official Source

Status

Passed

4/1/2019

Primary Sponsor

Alisa Mitskog

Click for details

Origin

House of Representatives

66th Legislative Assembly

AI Summary

  • Creates a new income tax exclusion under North Dakota Century Code section 57-38-30.3 for employees receiving education assistance from their employer.

  • Allows exclusion of employer reimbursements for expenses directly related to higher education or career and technical education attainment.

  • Limits the exclusion to reimbursement amounts that are reported as federal taxable income.

  • Effective for taxable years beginning after December 31, 2018.

  • Passed the House 77-13 and the Senate 44-0.

Legislative Description

An income tax exclusion for employee education assistance provided by an employer; and to provide an effective date.

Last Action

Signed by Governor 03/28

4/1/2019

Committee Referrals

Finance and Taxation1/14/2019

Full Bill Text

No bill text available