Charting a course for North Dakota
House minority leader shares thoughts on session
By STU MERRY
The 2015 North Dakota Legislative Session is in its final days. But with major budget issues yet to be decided, legislators have their work cut out for them. Add one more issue to be decided before time runs out.
The latest twist came this past Friday when the GOP majority introduced a bill to establish a flat oil tax bill. The proposal would lower the extraction tax rate. That proposal has met resistance from the Democratic minority, including Onstad.
The extraction tax reduction is a major tax cut and has lasting ramifications to the budget of North Dakota, he said Tuesday. "They introduce it on Friday and have hearings on Monday morning is not proper notice of such a major change. The public voted for this extraction tax in the early 80’s and they should have a say if it is going to be changed."
Onstad said the proposal is only a short-term fix but with a 30 percent permanent reduction.