Monday, March 30, 2015

ND Counties Urge Senate to Amend GPT formula bill

Cass County Engineer Jason Benson and NDACo Executive Director Mark Johnson testify on HB 1176 the Gross Production Tax Formula bill which icreases the share of oil taxes staying in producing areas. This provides a long-term benefit for infrastructure in the patch. The bill also includes $112 million for non-oil counties. Counties are unified in their support for the bill but did request further amendments. NDACo is asking for the distribution to be based on "needs" and for more flexiblity in terms of the criteria in how the dollars can be used.

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