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Published April 20, 2011, 04:10 PM

ND lawmakers settle on 2 percent potash tax

BISMARCK, N.D. — When North Dakota’s potash mining industry gets going, state lawmakers say there should be a 2 percent tax on production.

BISMARCK, N.D. — When North Dakota’s potash mining industry gets going, state lawmakers say there should be a 2 percent tax on production.

North Dakota’s House and Senate voted Wednesday to approve the tax plan.

Potash is used in making fertilizer, and a company is exploring deposits in northwestern North Dakota. Actual mining is a few years away.

During the Legislature, lawmakers have argued about whether the rate should be as low as 1.5 percent or as high as 4 percent.

The final bill allows counties to tax the land and buildings of potash processing facilities. Earlier versions of the measure exempted buildings and land from property taxes.

Park River Sen. Joe Miller says the bill is a good framework for regulating potash mining and processing.

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