ND HB1515

Creates a nonrefundable individual income tax credit of up to $350 for North Dakota state residents against their income tax liability.

Credit amount cannot exceed the resident's actual income tax liability for the taxable year, and any excess cannot be carried back or forward.

Effective for the first two taxable years beginning after December 31, 2020, then expires automatically.

House passed 92-0 (2 absent); Senate passed 40-7 (0 absent).