HB1196 — A BILL for an Act to create and enact section 57‑40.3‑01.1 of the North Dakota Century Code, relating to motor vehicle purchase price adjustments; to amend and reenact subsection 5 of section 57‑40.3‑01 of the North Dakota Century Code, relating to the purchase price of a motor vehicle; and to provide an effective date.

HB1196 — A BILL for an Act to create and enact section 57‑40.3‑01.1 of the North Dakota Century Code, relating to motor vehicle purchase price adjustments; to amend and reenact subsection 5 of section 57‑40.3‑01 of the North Dakota Century Code, relating to the purchase price of a motor vehicle; and to provide an effective date. · Informed CitizenryHB1196 amends the North Dakota Century Code to define and adjust the 'purchase price' of motor vehicles for tax purposes. The bill specifies that the purchase price excludes manufacturer incentives…Open in Informed Citizenry