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ND HB1436

Bill

Official Source

Status

Introduced

1/15/2025

Primary Sponsor

Keith Kempenich

Click for details

Origin

House of Representatives

69th Legislative Assembly

AI Summary

  • Replaces the flat 5% motor vehicle excise tax with a tiered system based on vehicle age
  • Vehicles fewer than 11 years old taxed at 5% of purchase price
  • Vehicles 11 to 25 years old taxed at 3% of purchase price
  • Vehicles more than 25 years old taxed at 1% of purchase price
  • Effective for taxable events occurring after June 30, 2025

Legislative Description

The motor vehicle excise tax; and to provide for an effective date.

Last Action

Second reading, failed to pass, yeas 27 nays 64

1/23/2025

Committee Referrals

Finance and Taxation1/15/2025

Full Bill Text

No bill text available