Carbon dioxide capture credit - Reporting requirement (Effective through June 30, 2026)
N.D. Cent. Code § 57-60-02.1
in effect57-60-02.1. Carbon dioxide capture credit - Reporting requirement. (Effective through
June 30, 2026)
A coal conversion facility that achieves a twenty percent capture of carbon dioxide
emissions during a taxable period is entitled to a twenty percent reduction in the state general
fund share of the tax imposed under section 57-60-02 during that taxable period. The facility is
entitled to an additional reduction of one percent of the state general fund share of the tax
imposed under section 57-60-02 for every additional two percentage points of its capture of
carbon dioxide emissions. A maximum fifty percent reduction of the state general fund share of
the tax imposed under section 57-60-02 is allowed for eighty percent or more capture of carbon
dioxide emissions. A coal conversion facility may receive the reduction in coal conversion tax
under this section for ten years from the date of first capture of carbon dioxide emission or for
ten years from the date the coal conversion facility is eligible to receive the credit. A coal
conversion facility that met the carbon dioxide capture requirements before January 1, 2017,
may not claim the reduction under this section.
The operator of a coal conversion facility that receives a credit under this section shall
report annually to the legislative council. The report must include:
1. An overview of the carbon dioxide capture project.
2. A status report on the current state of the carbon dioxide capture project, including
data on the amount of carbon dioxide produced from the facility before the carbon
dioxide capture project and the current carbon dioxide produced and captured from the
facility.
3. Any recent changes to enhance the carbon dioxide capture system.
4. Information on the status of federal law and regulations related to the carbon dioxide
capture project, including any benefits from the project realized by the operator under
federal law and regulations.
Carbon dioxide capture credit - Reporting requirement. (Effective after June 30, 2026)
A coal conversion facility that achieves a twenty percent capture of carbon dioxide emissions
during a taxable period is entitled to a twenty percent reduction in the state legacy fund share of
the tax imposed under section 57-60-02 during that taxable period. The facility is entitled to an
additional reduction of one percent of the state legacy fund share of the tax imposed under
section 57-60-02 for every additional two percentage points of its capture of carbon dioxide
emissions. A maximum fifty percent reduction of the state legacy fund share of the tax imposed
under section 57-60-02 is allowed for eighty percent or more capture of carbon dioxide
emissions. A coal conversion facility may receive the reduction in coal conversion tax under this
section for ten years from the date of first capture of carbon dioxide emission or for ten years
from the date the coal conversion facility is eligible to receive the credit. A coal conversion
facility that met the carbon dioxide capture requirements before January 1, 2017, may not claim
the reduction under this section.
The operator of a coal conversion facility that receives a credit under this section shall
report annually to the legislative council. The report must include:
1. An overview of the carbon dioxide capture project.
2. A status report on the current state of the carbon dioxide capture project, including
data on the amount of carbon dioxide produced from the facility before the carbon
dioxide capture project and the current carbon dioxide produced and captured from the
facility.
3. Any recent changes to enhance the carbon dioxide capture system.
4. Information on the status of federal law and regulations related to the carbon dioxide
capture project, including any benefits from the project realized by the operator under
federal law and regulations.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t57c60.pdf#nameddest=57-60-02p1Fetched: 10/16/2026