Tax incentive bills see different fates in ND Senate
BISMARCK — The North Dakota Senate passed one tax incentive bill the same day it defeated another Thursday, April 13.
Lawmakers unanimously passed Senate Bill 2166, which requires cities to notify the affected county and school district before granting a property tax incentive for more than five years. It allows the county and school district to decline to participate in granting the incentive and negotiate its terms with the city.
Meanwhile, senators rejected House Bill 1182 with only one voting in its favor. The bill previously called for an end to the income tax breaks for new businesses and residents in Renaissance Zones, drawing fears that it would harm downtown development in Fargo, but it was amended to be nearly the same legislation as Senate Bill 2166.
"We do not need it as we just passed it in 2166," said Sen. Dwight Cook, R-Mandan.