A bill proposing a sales tax exemption for the sale of grain bins in North Dakota is being referred to the Legislative Management Committee for further study. HB 1370 was heard in the House Finance and Taxation Committee. “We’ve had a huge increase in announced projects dealing with soybean crushing and corn wet milling,” said Representative Jared Hagert, who introduced the bill. “These projects obviously don’t store all of what they need for the year and there is a need to incentivize construction of on-farm storage to take care of the influx of product that remains in state.” Representatives of seven different agriculture groups testified in favor of this bill and there was no testimony in opposition.
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