Another bill seeing discussion at the North Dakota legislative sessions is House Bill 1295, which would stop CO2 pipelines in the state from receiving economic development tax incentives. Speaking in favor of the bill was Dakota Resource Council CO2 Pipeline Organizer Zachary Cassidy. “With CCUS already being funded by the federal government through 45Q tax credits from the Biden administration, the state does not need to explore further tax benefits or continue further tax benefits for already wealthy out-of-state companies.” Cassidy cited the extra costs that such incentives would incur on North Dakota communities as the primary reason for the bill to be passed. “Communities within the state and is the state of North Dakota itself may see additional costs from these projects. These are large-scale projects that we’re talking about and as such, it just seems that these companies can pay credit taxes like the rest of us, especially when they’re already being funded almost entirely by federal tax credit.”
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