Loading chat...
ND SB2352
Bill
Status
1/21/2019
Primary Sponsor
Jim Dotzenrod
Click for details
AI Summary
-
Imposes a 15 percent long-term care surtax on individuals, estates, and trusts on income otherwise determined under section 57-38-30.3 of the North Dakota Century Code.
-
Directs all revenue from the long-term care surtax to be deposited in the North Dakota health care trust fund in section 50-30-02, rather than the general fund.
-
Becomes effective for taxable years beginning after December 31, 2018.
-
Expires automatically when the state treasurer certifies to the legislative council that the North Dakota health care trust fund balance exceeds $281,000,000 as of December 31 of any year.
Legislative Description
The disposition of long-term care surtax revenue; to provide an effective date; and to provide an expiration date.
Last Action
Second reading, failed to pass, yeas 10 nays 37
2/7/2019