Tag Archives: oil tax

north dakota

Referendum In The Works For North Dakota Oil Tax Reform?

Referendum In The Works For North Dakota Oil Tax Reform?

It’s obvious that North Dakota Democrats plan to make oil tax reform passed by the Legislature earlier this year a campaign issue in 2016, but could they try and refer that issue to the ballot before them? HB1476 ended the so-called “big trigger” exemption tied to oil prices which might have eliminated the state’s extraction

Michael Filloon: Are North Dakota's Oil Taxes Too High?

North Dakota oil production taxes have seen significant debate recently.  It wasn’t the tax rate in general, but the tax trigger, which afforded oil producers a 45% tax break.  This trigger was recently replaced by a much less complicated system that varies only 2% depending on oil prices. Although the trigger was removed, it is

Video: North Dakota Senate Passes Oil Tax Reform Bill

It was a large video file to upload so it may be a couple of minutes before it appears After roughly three hours of debate, during which Senate Democrats worked to wring every possible drop of political theater out of the proceedings, the state Senate tonight passed an oil tax reform bill as amended in

Robert Harms: Oil Tax Change Is Good For North Dakota

The North Dakota Legislature is on the verge of passing monumental legislation to change the structure of North Dakota’s oil taxes by eliminating the triggers and putting the state and the industry on a more predictable and stable path. A lower permanent rate will encourage continued investment, boost production, and ultimately lead to more jobs

On Television: Do Democrats Want To Make Policy Or Make Headlines?

Do Democrats care about making good policy, or making headlines? On my television segment last night with Chris Berg on Valley News Live (watch it here) we discussed the news I broke yesterday regarding legislative Democrats and their treatment of one of their own who broke ranks on the oil tax reform bill. Senator Connie

Democrats Furious When One Of Their Own Breaks Ranks On Oil Tax Reform

UPDATE: This amendment was passed by the Senate committee on a 6-1 vote. All Republicans on the committee voted yes. The two Democrats split their votes. Dating back to the 2014 campaign season when they were making political hay about “tax cuts for big oil” (they targeted Senator Lonnie Laffen in particular) North Dakota Democrats have invested themselves

John Olsrud: Does It Matter What Voters Had To Say On The Oil Extraction Tax?

In Susan Wefald’s book, Important Voices; North Dakota’s Women Elected State Officials Share Their Stories 1893-2013, she writes that when she was elected to the North Dakota Public Service Commission, she realized from the beginning that it was not her job to look after the large companies who came before the PSC, as they had

oil tax

What North Dakota Democrats Aren't Telling You About Oil Tax Revenues

During the 2013 legislative session, when lawmakers were debating a proposal to eliminate triggers and exemptions in the state oil tax and replace them with a lower overall rate, Democrats rushed to the media with scary numbers about lost revenues. But it turned out the numbers they were using were cooked. No doubt hoping that

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