North DakotaHB 10312025 Regular SessionHouseWALLET

AN ACT to amend and reenact section 1-01-49, subdivision g of subsection 1 of section 12.1-32-15, subdivision b of subsection 1 of section 14-07.6-01, section 18-01-36, subdivision j of subsection 4 of section 27-20.3-16, subsection 19 of section 45-13-01, subsection 7 of section 49-02-02, section 52-02-18, subsection 5 of section 54-10-28, section 54-52.6-02.2, subsection 3 of section 57-02-08.8, subsection 2 of section 57-38-30.3, and subsection 1 of section 57-40.5-03 of the North Dakota Century Code, relating to technical corrections and improper, inaccurate, redundant, missing, or obsolete references; to repeal sections 1-01-18, 1-01-20, 1-01-21, 1-01-27, 1-01-29, 1-01-30, 1-01-36, 1-01-40, 1-01-41, 1-01-42, 1-01-45, 1-01-46, 1-01-47, and 1-01-51 of the North Dakota Century Code, relating to technical corrections and improper, inaccurate, redundant, missing, or obsolete references; and to provide an effective date.

Sponsored By: Legislative Management

Signed by Governor

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Investors lose a bond-income tax deduction

For tax years beginning after December 31, 2024, the law ends a North Dakota bond-income deduction. Individuals, estates, and trusts can no longer claim this deduction for interest or other income from bonds issued under Chapter 11-37. Affected taxpayers may owe more state income tax, depending on their tax circumstances.

Sponsors & Cosponsors

Sponsor

  • Legislative Management

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 138 • No: 0

Senate vote • 3/7/2025

Second reading, passed, yeas 47 nays 0

Yes: 47 • No: 0

House vote • 1/10/2025

Second reading, passed, yeas 91 nays 0

Yes: 91 • No: 0

Actions Timeline

  1. Filed with Secretary Of State 03/14

    3/19/2025House
  2. Signed by Governor 03/14

    3/18/2025House
  3. Sent to Governor

    3/13/2025House
  4. Signed by Speaker

    3/13/2025House
  5. Signed by President

    3/12/2025Senate
  6. Returned to House

    3/10/2025House
  7. Second reading, passed, yeas 47 nays 0

    3/7/2025Senate
  8. Reported back, do pass, place on calendar 7 0 0

    3/7/2025Senate
  9. Committee Hearing 10:45

    2/17/2025Senate
  10. Introduced, first reading, referred Judiciary Committee

    2/5/2025Senate
  11. Received from House

    1/13/2025Senate
  12. Second reading, passed, yeas 91 nays 0

    1/10/2025House
  13. Reported back, do pass, place on calendar 14 0 0

    1/10/2025House
  14. Committee Hearing 02:20

    1/8/2025House
  15. Introduced, first reading, referred Judiciary Committee

    1/7/2025House

Bill Text

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