ND HB1430

Exempts sales and use taxes on tangible personal property used to construct, expand, or environmentally upgrade renewable feedstock refineries in North Dakota.

Defines renewable feedstock refinery as a facility that creates gasoline, jet fuel, or other transportation fuels through deoxygenation with minimum processing capacity of 5,000 barrels of renewable feedstock per day.

Requires refinery owners to obtain a certificate from the tax commissioner prior to purchase to qualify for the sales tax exemption.

Defines environmental upgrade as an investment exceeding $100,000 in machinery, equipment, and facilities for reducing emissions, increasing efficiency, or enhancing reliability at new or existing refineries.

Effective for taxable events occurring after June 30, 2023.