The North Dakota Senate on Feb. 25 unanimously approved a bill that provides tax incentives for the “tangible personal property” used in the construction of fertilizer or chemical processing plants in the state. Senate Bill 2035 would create a sales and use tax exemption for items such as building materials and structures, according to the Grand Forks Herald. The incentives could apply to a number of proposed nitrogen fertilizer facilities in North Dakota, including the $2 billion Northern Plains Nitrogen plant near Grand Forks and the $3 billion facility planned by CHS Inc. in Spiritwood. The bill was amended to include a requirement for a public hearing if a project exceeds $1 billion, as well as a request for legislators to study the effects of large economic development projects on local communities.
Transparency Across the Fertilizer Value-Chain