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Bill > HB1107
ND HB1107
ND HB1107An individual income tax deduction for a segal Americorps education award; and to provide an effective date.
summary
Introduced
01/07/2025
01/07/2025
In Committee
02/06/2025
02/06/2025
Crossed Over
01/13/2025
01/13/2025
Passed
Dead
05/03/2025
05/03/2025
Introduced Session
69th Legislative Assembly
Bill Summary
A BILL for an Act to create and enact a new subdivision to subsection 2 of section 57-38-30.3 of the North Dakota Century Code, relating to an individual income tax deduction for a segal Americorps education award; and to provide an effective date.
AI Summary
This bill creates a new individual income tax deduction in North Dakota for recipients of the Segal AmeriCorps Education Award, which is a financial benefit provided to individuals who complete national service through AmeriCorps programs. Specifically, the bill allows taxpayers to reduce their state taxable income by the amount of the Segal AmeriCorps Education Award they receive during the tax year, but only to the extent that this award was previously included in their federal taxable income. The deduction aims to provide financial relief to AmeriCorps members who have earned this educational benefit by serving their community. The bill will take effect for tax years beginning after December 31, 2024, meaning it will first apply to the 2025 tax year. The Segal AmeriCorps Education Award is named after Eli Segal and provides participants with funds that can be used for future education expenses or to repay qualified student loans as recognition for their national service.
Committee Categories
Budget and Finance
Sponsors (6)
Karen Anderson (R)*,
Jeff Hoverson (R)*,
Dave Monson (R)*,
David Richter (R)*,
Steve Swiontek (R)*,
Tim Mathern (D),
Last Action
Second reading, failed to pass, yeas 22 nays 25 (on 03/07/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1107.html |
| BillText | https://ndlegis.gov/assembly/69-2025/regular/documents/25-0732-01000.pdf |
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