ND HB1279

Extends county commissioners' authority to grant partial or complete tax exemptions (up to 15% of coal conversion facilities tax and up to 70% of coal severance tax) through June 30, 2031, previously set to expire June 30, 2026

Phases in a gradual reduction of coal conversion tax exemptions from 90% (2026-2027) down to 35% (2030-2031) of the state share, replacing the previous flat 85% exemption

Redirects the state share of coal conversion tax revenue from the general fund to the legacy fund, while maintaining 5% allocation to the lignite research fund

Changes the carbon dioxide capture credit reference from "general fund share" to "legacy fund share" for coal conversion facilities achieving 20-80% carbon dioxide capture

Contains a contingent effective date provision that accelerates certain sections if the federal production tax credit for renewables (IRC Section 45) and clean electricity production credit (IRC Section 45Y) are repealed before June 30, 2031