ND HB1414

Allows qualifying retailers to deduct and retain state-imposed sales tax collected on the first $100,000 in sales for transactions occurring between January 1, 2021 and December 31, 2021.

Defines a "qualifying retailer" as a business doing business in North Dakota that timely files sales tax returns and employs fewer than 16 full-time or full-time equivalent employees.

Deduction applies only to state-imposed sales tax; qualifying retailers cannot retain local option taxes, though local governments may still rebate sales tax under local ordinance.

Expires on December 31, 2027, and becomes ineffective after that date.