The oil extraction tax rate reduction for oil produced from a new well drilled and completed outside the Bakken and Three Forks formations; to provide for a legislative management study; and to provide an effective date.

Passed on 4/18/25

Summary

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From the Legislature

AN ACT to amend and reenact subsection 4 of section 57-51.1-03 of the North Dakota Century Code, relating to the oil extraction tax rate reduction for oil produced from a new well drilled and completed outside the Bakken and Three Forks formations; to provide for a legislative management study; and to provide an effective date.

Sponsors

0
10
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Democratic CaucusRepublican Caucus

Roll Call Votes

80 Yea

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8 Nay

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6 Absent

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Calendar

Feb 4, 2025

11:00 AM

House Finance and Taxation Hearing

Feb 4, 2025

2:43 PM

House Finance and Taxation Executive Session

Mar 12, 2025

10:00 AM

Senate Finance and Taxation Hearing

Mar 18, 2025

10:33 AM

Senate Finance and Taxation Executive Session

Mar 24, 2025

8:34 AM

Senate Finance and Taxation Executive Session

Mar 25, 2025

9:14 AM

Senate Finance and Taxation Executive Session