This bill amends subsection 17 of section 57-01-02 of the North Dakota Century Code to enhance the tax commissioner's ability to disclose information regarding tax incentives claimed by taxpayers. Specifically, it removes the term "deduction" from the existing language and clarifies that "tax incentive" encompasses tax deductions, credits, and exemptions. The bill stipulates that the tax commissioner must disclose the amount of any tax incentive claimed upon receiving a written request from the chairman of the legislative management or a standing committee of the legislative assembly. However, it maintains the confidentiality of the taxpayer's name and any other information that is prohibited from disclosure under title 57.

Additionally, the bill includes a provision for retroactive application, meaning it will apply to tax incentives claimed or granted after December 31, 2024. The tax commissioner is also required to notify taxpayers about the potential for disclosure under this amended subsection, following guidelines set by the commissioner.

Statutes affected:
INTRODUCED: 57-01-02
Adopted by the House Finance and Taxation Committee: 57-01-02
Enrollment: 57-01-02
PREFILED: 57-01-02