Tag Archives: Senator Ray Holmberg

ND Legislature Decides To Skip Studies Into Making North Dakota More Independent Of Federal Spending

ND Legislature Decides To Skip Studies Into Making North Dakota More Independent Of Federal Spending

There are a lot of reasons to like North Dakota’s fiscal picture, but one of the best reasons to like the surpluses the state is swimming in is the latitude they give state policy makers in looking at the role of federal funds in the state. Other states, with tighter budgets, don’t always have that

Senate Appropriations Committee Poised To Chop $376 Million Out Of House Income Tax Relief

Earlier this session the North Dakota House passed HB1250, introduced by Rep. Craig Headland, which represented over a half-billion in tax relief. Here’s what that bill does, as passed by the House on a nearly unanimous vote: The financial institutions tax rate goes from 6.5% to 6%. That’s a $2.4 million cut. The number of

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