STATE TAX COLLECTIONS Archives

Federal megalaw to reduce state tax collections in North Dakota

September 24, 2025

KVRR Staff,

Matt Peyerl, associate director for tax administration with the North Dakota Tax Department, speaks to the Legislature’s interim Tax Reform and Relief Advisory Committee on Sept. 23, 2025. (Photo by Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The North Dakota Tax Department estimates the state’s income tax collections will take a sizable hit as a result of federal…

Forecast Revenue Projects Another $1 Billion In North Dakota Tax Collections

The forecast presented to the Legislature's Budget Section predicted higher oil prices and production

March 11, 2019

TJ Nelson,

BISMARCK, ND — A newly updated revenue forecast shows North Dakota’s treasury expects to collect about $1 billion more in state tax collections for the next two-year budget cycle than what lawmakers had adopted just two months ago. The forecast presented to the Legislature’s Budget Section predicted higher oil prices and production than what was set by lawmakers in January as…