House Bill 1455 Summary

• Exempts gross receipts from sales of raw materials, single-use product contact systems, and reagents used directly for discovery, testing, screening, and production for biologic manufacturing from sales and use taxes in North Dakota.

• Requires taxpayers to receive a certificate from the tax commissioner to claim the exemption at time of purchase.

• Mandates annual reporting by April 1st from exemption recipients, including total tax liability exempted, gross payroll, property taxes paid, building square footage, workforce safety insurance premiums, unemployment taxes, and state income tax withheld.

• Requires the tax commissioner to submit a written summary report to legislative management by June 1st each year comparing current and prior year exemption data; failure to file reports results in disallowed exemptions.

• Tax exemption is effective for taxable events occurring after June 30, 2023, and expires before July 1, 2029.