ND Senate to mull sales tax exemption for clothes

North Dakota Senate to mull sales tax exemption for clothes; committee recommends against it

BISMARCK, N.D. (AP) -- A North Dakota Senate committee has given a "do not pass" recommendation to a measure aimed at exempting clothing and shoes from sales tax.

The full Senate is slated to vote on the measure Friday.

The measure would exempt clothing and shoes from the state's 5 percent sales tax. Local sales taxes also would be exempted.

Tax analysts say the measure would reduce state and local tax revenue by about $49 million over the next two years.

A similar measure failed in the Senate two years ago.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    In the wake of the Washington state bridge collapse, would you support a tax hike for infrastructure projects?

    Loading...
    Poll Choice Options