N.D. Admin. Code 81-08-03-05

Current through Supplement No. 394, October, 2024

Section 81-08-03-05 - Maximum benefit under reduced tax rate

The rate reduction calculated for a unit that has been incapable of generating electricity for eighteen consecutive months may not exceed one hundred percent of the tax.

N.D. Admin Code 81-08-03-05

Effective November 1, 1987.

General Authority: NDCC 57-60-12

Law Implemented: NDCC 57-60-01, 57-60-02, 57-60-03