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ND SB2331
Bill
Status
Passed
4/1/2019
Primary Sponsor
Robert Erbele
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AI Summary
- Amends North Dakota Century Code section 57-33.2-18 to redirect 33 percent of wind generation tax revenue to the state general fund for wind projects beginning initial construction after December 31, 2020.
- Applies the 33 percent general fund allocation only to wind projects that have been in operation for 20 years or more from their initial assessment date.
- Directs remaining wind generation tax revenue to the electric generation, transmission, and distribution tax fund.
- Requires the commissioner to provide reports with each revenue transfer showing information needed for the state treasurer to allocate funds under section 57-33.2-19.
- Effective for taxable years beginning after December 31, 2019.
Legislative Description
Allocation of wind generation tax revenue; and to provide an effective date.
Last Action
Signed by Governor 03/28
4/1/2019
Committee Referrals
Finance and Taxation1/18/2019
Full Bill Text
No bill text available