Other new North Dakota laws
Here’s a rundown of some of the other North Dakota laws slated to take effect Wednesday:
The city also may revoke or reduce the exemption if use of the property fails to meet expectations, if the property is improved to “a substantially greater extent” than anticipated or if there’s a change in ownership after the exemption is approved.
House Bill 1097: Retailers required to file monthly returns for sales and use taxes must file them by an electronic method approved by the state tax commissioner or face financial penalties. The commissioner may waive the filing requirements “for good cause shown.”
House Bill 1178: A public utility company that fails to submit annual reports required under state law for three consecutive years will be penalized $5,000 for each failure.
Senate Bill 2104: This bill changes the definition of a “passthrough entity” for the purposes of income tax withholdings and adds a provision to the instances in which such an entity isn’t required to withhold tax for a nonresident member.
Senate Bill 2105: This bill clarifies that the state treasurer shall distribute during the first month of each calendar year the funds that are appropriated to cities, the county general fund and school districts within coal-producing counties to offset 50 percent of the county’s lost share of coal severance tax revenue allocated to a non-coal-producing county in the previous year.
Senate Bill 2308: This bill further defines the permitting and regulations for servicing septic systems and increases the maximum civil penalty from $5,000 to $12,500 per day, per violation.
Senate Bill 2337: This bill removes references to “basic” and “standard” health benefit plans from state law also repeals several sections of the Century Code relating to them.