AN ACT to create and enact a new section to chapter 57-38 and a new subdivision to subsection 7 of section 57-38-30.3 of the North Dakota Century Code, relating to the provision of an income tax credit for purchases of manufacturing and animal agricultural machinery and equipment to automate a manufacturing or animal agricultural process; to amend and reenact subdivision j of subsection 3 of section 54-35-26 of the North Dakota Century Code, relating to evaluation of economic development tax incentives; and to provide an effective date.
It became law on May 18, 2023.
- Stage
- Became law
- Started in
- House
- Sponsors
- +7
- Latest action
- May 18, 2023
What it does
Relating to the provision of an income tax credit for purchases of manufacturing and animal agricultural machinery and equipment to automate a manufacturing or animal agricultural process; to amend and reenact subdivision j of subsection 3 of section 54‑35‑26 of the North Dakota Century Code, relating to evaluation of economic development tax incentives; and to provide an effective date.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
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Law (Done)
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Who is involved
Sponsors
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Where it goes next
It is law in North Dakota. What happens now is up to the agency that carries it out, the courts, and the place itself.