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ND HB1343

Bill

Official Source

Status

Introduced

1/11/2023

Primary Sponsor

Ben Koppelman

Click for details

Origin

House of Representatives

68th Legislative Assembly

AI Summary

  • Adds a new restriction to North Dakota tax law (section 57-38-01.21) prohibiting taxpayers from claiming charitable gift tax credits when the gift funds scholarships with donor-designated recipient qualifications
  • Disallows tax credits if scholarship receipt is conditioned on qualifications, characteristics, or traits specified by the taxpayer, except for academic program or course enrollment requirements
  • Effective for taxable years beginning after December 31, 2022
  • Introduced by Representatives Koppelman, Dockter, Grueneich, and Heilman and Senators Clemens, Kannianen, and Paulson

Legislative Description

Limiting tax credits for charitable gifts; and to provide an effective date.

Last Action

Second reading, failed to pass, yeas 5 nays 87

1/24/2023

Committee Referrals

Finance and Taxation1/11/2023

Full Bill Text

No bill text available