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ND HB1244

ND HB1244
The income tax credit for employment of individuals with developmental disabilities or severe mental illness; and to provide an effective date.


summary

Introduced
01/10/2023
In Committee
03/09/2023
Crossed Over
01/25/2023
Passed
04/07/2023
Dead
Signed/Enacted/Adopted
04/11/2023

Introduced Session

68th Legislative Assembly

Bill Summary

AN ACT to amend and reenact section 57-38-01.16 of the North Dakota Century Code, relating to the income tax credit for employment of individuals with developmental disabilities or severe mental illness; and to provide an effective date.

AI Summary

This bill amends North Dakota's income tax credit for the employment of individuals with developmental disabilities or severe mental illness. It increases the credit from 5% to 25% of up to $6,000 in annual wages paid to qualifying employees, removes the limitation of the credit to the first 12 months of employment, and expands the credit to apply to the state's individual income tax. The bill also requires employers to obtain certification from the state's vocational rehabilitation division that the employee meets the eligibility criteria in order to claim the credit. The changes are effective for tax years beginning after December 31, 2022.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

Filed with Secretary Of State 04/11 (on 04/13/2023)

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