Legislators OK Funding For Oil Patch

BISMARCK — North Dakota lawmakers reached a compromise Wednesday, April 26, on distributing dollars to Oil Patch communities while agreeing to study the funding formula for the top oil cities. The provisions in Senate Bill 2013 provide about $500 million for communities in western North Dakota from oil tax revenue and $16 million for townships…
Read More

Oil Industry, State At Odds Over Royalty Payments

BISMARCK — The oil industry is working to avoid paying higher royalties to North Dakota by backing an amendment in a complex bill being considered in the final days of the state’s legislative session. The amendment stems from a dispute with the North Dakota Department of Trust Lands, which says some oil companies are underpaying…
Read More

UPDATED: Lawmakers Propose Studying Tribal Tax Issues

BISMARCK – North Dakota lawmakers are proposing to form a committee to study tribal taxation issues in an attempt to reach a compromise with the Mandan, Hidatsa and Arikara Nation over oil tax revenue. Sen. Dwight Cook, R-Mandan, said he plans to introduce an amendment on Friday, April 21, that establishes a 10-member committee to…
Read More

Legislature Gives Final Approval To Lake Sakakawea Mineral Bill

BISMARCK — The North Dakota Legislature has approved a bill clarifying that the state does not own minerals under Lake Sakakawea, setting up a process to return an estimated $187 million in bonus, rent and royalty payments. Supporters of Senate Bill 2134 say it’s about doing the “right thing” for citizens who retained their minerals…
Read More

Western N.D. Opposes ‘Takings’ Of Oil Tax Revenue

BISMARCK – Western North Dakota communities are fighting what they consider a money grab for a portion of oil tax revenue. Townships in the top nine oil-producing counties were set to share about $25 million in gross production tax revenue for 2017-19 through Senate Bill 2013. An amendment approved by the House diverts $16 million…
Read More