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ND HB1571
Bill
Status
1/20/2025
Primary Sponsor
Vicky Steiner
Click for details
AI Summary
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Repeals the sales tax exemption for raw materials, single-use product contact systems, and reagents used in biologic manufacturing (section 57-39.2-04.19)
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Removes the corresponding use tax exemption for contractors using these biologic manufacturing materials
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Eliminates the biologic manufacturing exemption from the list of economic development tax incentives subject to periodic six-year legislative analysis
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Effective date for the tax exemption repeals is July 1, 2025 (taxable events occurring after June 30, 2025)
Legislative Description
The sales tax exemption for raw materials, single-use product contact systems, and reagents used for biologic manufacturing; and to provide an effective date.
Last Action
Second reading, failed to pass, yeas 30 nays 58
1/31/2025