Gov. Burgum set to sign income tax relief bill into law - KX NEWS
Gov. Doug Burgum has so far signed into law one of the 19 bills passed during the five-day special session that adjourned Friday afternoon.
One bill sets new legislative district lines for the next decade.
Among the biggest changes in the map are two new districts in the Williston area and one new district in the Fargo area.
Burgum also is expected to sign into law a bill providing income tax relief for about 500,000 taxpaying North Dakotans.
It provides an income tax credit of up to $350 dollars annually for individual taxpayers or $700 for married couples filing a joint return. It’s effective for tax years 2021 and 2022.
The tax relief will be funded from the state’s $412 million excess general fund balance from the 2019-21 biennium.
Video source: https://www.kxnet.com/news/local-news/gov-burgum-set-to-sign-income-tax-relief-bill-into-law/
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