500,000 North Dakotans expected to receive income tax relief

(Bismarck, ND) -- Governor Doug Burgum says he will sign legislation estimated to provide $211 million dollars in tax relief over the next two years.

The legislation passed through the North Dakota House and Senate, and will provide an income tax credit of up to $350 per resident taxpayer in the state. The bonus doubles up to $700 per year if filing a married joint return. The bill would effectively eliminate state income tax liability for nearly 300,000 taxpayers. A separate 200,000 will receive partial reductions of their income taxes. 

“This bill is a victory for half a million hardworking North Dakotans, providing them with real, meaningful tax relief for this year and the next,” Burgum said. “We are deeply grateful to Rep. Heinert and the entire Legislature for overwhelmingly approving this tax relief and improving upon our original proposal. Our shared approach of conservative fiscal management has allowed us to put money back into the pockets of North Dakotans who kept working through the pandemic and supported our economic recovery, which benefits us all.”

The tax relief is funded through North Dakota's $412 million excess general fund balance from the 2019-2021 biennium. 

The bill passed the House 92-0 on Thursday and the Senate 40-7 today.