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ND SB2038

Bill

Status

Passed

3/24/2025

Primary Sponsor

Legislative Management

Click for details

Origin

Senate

69th Legislative Assembly

AI Summary

  • Expands the tax commissioner's disclosure authority from only tax deductions and credits to all "tax incentives," which now includes deductions, credits, and exemptions
  • Requires the tax commissioner to disclose tax incentive amounts claimed or earned by taxpayers upon written request from the chairman of legislative management or a standing committee chairman
  • Taxpayer names and other information protected under Title 57 remain confidential and cannot be disclosed
  • Tax commissioner must notify taxpayers of possible disclosure under this provision
  • Applies retroactively to tax incentives claimed or granted after December 31, 2024; passed unanimously (Senate 46-0, House 91-0)

Legislative Description

The ability of the tax commissioner to make disclosures regarding taxpayers receiving tax incentives; and to provide for retroactive application.

Last Action

Filed with Secretary Of State 03/25

3/26/2025

Committee Referrals

Finance and Taxation2/13/2025
Finance and Taxation1/7/2025

Full Bill Text

No bill text available