taxes

ND Legislature

The chairman of the Legislature’s interim taxation Committee said her committee will be taking an extensive look at North Dakota’s property taxes.

"The last time we have any big, sweeping changes in the way that we assess property taxes was in 1981," said Sen. Jessica Unruh (R-Beulah). "That was a long time ago."

Unruh says the changes could be minor, or they could be substantial.

A Senate committee is looking at a property tax relief bill that's different from the current property tax relief law.

Sen. Jim Dotzenrod (D-Wyndmere) is the main sponor. His bill would expand the homestead tax credit – so that the state would pick up half the property taxes on a person’s home. That would apply to the first $100,000 of the home’s value. A second part would have a parallel benefit for agriculture land. And Dotzenrod says renters would get a renter’s credit – which would be an income tax credit equal to 15 percent of a person’s monthly rent.

ND taxable sales remain strong

Dec 20, 2012

"We sound like a broken record up here."

Tax Commissioner Cory Fong says that’s because the state is again showing an increase in taxable sales and purchases. The latest report is for the third quarter of 2012 – encompassing the months of July, August and September. The total taxable sales and purchases for that three month period were $6.7 billion dollars – up more than $1.2 billion from the same quarter in 2011.

A newly elected state Senator from Fargo says he will be introducing legislation to end the sales tax on clothing.

"I've got the bill drafted," said Sen. George Sinner (D-Fargo). "I'm working with some people, business people in Fargo, people on both sides of the political aisle. I think it is something that will gain some traction as we go."

Minnesota does not have a sales tax on clothing.