The North Dakota Senate has followed the House lead in passing a tax relief bill.
Under it, income tax brackets are reduced from 5 to 3, and the lowest tax bracket would pay no income tax. It also provides a $500 property tax credit – that a property owner would have to apply for – as well as increased benefits under the Homestead Credit law.
Senator Jordan Kannianen says the conference committee met 13 times in crafting the legislation and the end result was a good bill.
Senator Tim Mathern says he’s concerned the bill makes the state more reliant on oil revenues. The measure caries a fiscal impact of $515 million dollars.
The bill passed 84 to 6 – The Senate passed it 45 to 2. It now moves on to the governor for his signature.
Schneider prepares to return to private practice
(KNOX) - University of North Dakota graduate and North Dakota U.S. Attorney Mac Schneider is preparing to return to his private law practice in Fargo. With the second Trump administration, Schneider, a Democrat, says he expects to be replaced by a Re...
Dec 24, 2024
Arrest Made in Cass County Fatal Car-Pedestrian Accident
(KNOX) - According to the North Dakota Highway Patrol car-pedestrian accident left one dead in Cass County this week. Robyn Krause, 36, of Fargo, was crossing a street in Fargo when she was hits by a car. The driver of the car, 23 year-old Alex Cruz ...
Dec 26, 2024
Grand Forks Airforce Base to Develop a Data Traffic Network for Low-Earth Orbit Satellite Mission
(KNOX) - North Dakota U.S. Senator John Hoeven says the U.S. Space Force has awarded a nearly $10 million contract modification to General Dynamics. The modification is to advance the Space Networking Center and satellite mission at Grand Sky Park on...
Dec 26, 2024
North Dakota Housing Finance Agency Awards Development Assistance
(KNOX) - The North Dakota Industrial Commission has announced funding commitments by the North Dakota Housing Finance Agency (NDHFA) for six affordable multifamily housing projects. "The development assistance managed by North Dakota Housing Fin...
Dec 25, 2024
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