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The House Democratic Leader says he’s dismayed by the agreement between House and Senate Republicans on the oil tax funding formula bill.The current…
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The Senate has voted to extend the so-called “small trigger” on oil taxes.The trigger fires when the price of oil falls below $57.50 for a month. It…
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There’s movement on a bill to change the oil tax distribution formula.Right now, the state receives 75 percent of the oil production tax, and local…
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One of the big issues the Legislature will have to resolve is the oil tax distribution formula.Currently, 75 percent of the oil production tax goes to the…
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North Dakota Mineral Resources Director Lynn Helms says it’s now likely that the so-called “big trigger” for oil taxes will go into effect in June.The big…
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The House has passed a change in the oil tax distribution formula.But it isn’t what Governor Dalrymple proposed.The current formula on oil tax is – 75…
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The House Appropriations Committee has made a recommendation to change the allocation from oil taxes.And it isn’t what Gov. Dalrymple proposed.The current…
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The House has voted to extend the so-called “small trigger” on oil taxes.It’s a temporary oil extraction tax reduction, triggered when the price of a…
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The first of two “triggers” for oil tax relief is now in effect.It’s been dubbed the “small trigger.” It’s based on oil prices below $57.50 per barrel,…
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A Democratic lawmaker wants to change the state Constitution – to allow direct payments to North Dakotans.Rep. Marvin Nelson (D-Rolla) says his idea is to…