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Senate Committee Passes Huge Expansion of Renaissance Zone Program

SB 2391 represents the largest expansion of the selective tax exemption program since its creation in 1999.

Last week I told you about how the bill to massively expand the Renaissance Zone selective tax exemption program was a threat to a different bill that is designed to let cities, like Bismarck, have a second chance at getting back into the program after negotiating with the local jurisdictions that do not approve of the program. (In Bismarck’s case, that…

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