Coal Conversion Facility Privilege Tax Exemptions (North Dakota)
Last modified on February 12, 2015.
|Applies to States or Provinces||North Dakota|
|Name||Coal Conversion Facility Privilege Tax Exemptions (North Dakota)|
|Policy Category||Financial Incentive|
|Policy Type||Property Tax Incentive|
|Affected Technologies||Coal with CCS|
|Program Administrator||North Dakota Office of State Tax Commissioner|
Coal Conversion Facility Privilege Tax Exemptions are granted under a variety of conditions through the North Dakota Tax Department. Privilege tax, which is in lieu of property taxes on the facility, is imposed monthly on a coal conversion facility. The land on which the plant is located remains subject to property tax. A new or repowered electrical generation facility is exempt from the state’s share of both taxes for the first five years of operation, and the county where the plant is located may exempt all or part of its share of the tax based on capacity for up to five years.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||N.D.C.C. 57-60|