Bill would let smaller businesses keep sales tax collections
BISMARCK, N.D. (KVRR/KCND) – A Fargo lawmaker has introduced a bill designed to help smaller retailers survive the effects of the COVID-19 pandemic.
Democratic Rep. Pamela Anderson’s bill would allow retailers with 16 or fewer fulltime employees to keep the state sales tax they collect for 2021.
The bill only applies to the 5% state-imposed sales tax, and does not affect local sales tax collections.
The measure will be heard in the House Finance and Taxation Committee.