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ND HB1107

Bill

Official Source

Status

Engrossed

1/13/2025

Primary Sponsor

David Monson

Click for details

Origin

House of Representatives

69th Legislative Assembly

AI Summary

  • Creates a North Dakota individual income tax deduction for Segal AmeriCorps Education Awards received by taxpayers during the taxable year
  • Deduction applies only to the extent the award amount was already included in federal taxable income
  • Awards covered are those disbursed under 42 U.S.C. 12604, the federal statute governing AmeriCorps education benefits
  • Effective for taxable years beginning after December 31, 2024

Legislative Description

An individual income tax deduction for a segal Americorps education award; and to provide an effective date.

Last Action

Second reading, failed to pass, yeas 22 nays 25

3/7/2025

Committee Referrals

Finance and Taxation2/6/2025
Finance and Taxation1/7/2025

Full Bill Text

No bill text available