Relating to definition of stripper well in the Bakken and Three Forks formations; to amend and reenact section 15‑05‑10, subsection 4 of section 38‑08‑04, subsection 10 of section 57‑51.1‑01, subsection 2 of section 57‑51.1‑03, and subsection 1 of section 57‑51.1‑03.1 of the North Dakota Century Code, relating to the oil extraction tax exemption for stripper well properties and stripper wells; to repeal subsection 8 of section 57‑51.1‑03 of the North Dakota Century Code, relating to the oil extraction tax exemption for wells within an Indian reservation; and to provide an effective date.
Last Official Action
Second reading, failed to pass, yeas 13 nays 80