Bill > SB2163

This bill amends North Dakota Century Code by raising the contractor reporting threshold for project, contract, or subcontract completions from $25,000 to $50,000. Under the updated law, contractors seeking to renew their professional licenses must now report to the state registrar only those projects completed in the preceding calendar year that exceed $50,000 (previously $25,000). When submitting their renewal application, contractors must still provide details about the nature of each qualifying project and include a certificate of liability insurance and certification of tax and insurance premium payments. The bill maintains the existing requirement that the registrar will forward a copy of the project list to the state tax commissioner. This change effectively raises the monetary threshold that triggers detailed project reporting, potentially reducing administrative burden for contractors with smaller-scale projects while maintaining oversight of significant construction and contracting work in the state.