BISMARCK, N.D. (AP) North Dakota's House has agreed to Senate amendments on a measure aimed at restructuring oil taxes.
The House voted 66-26 on Friday to shave the state's oil tax rate from 11.5 percent to 10 percent. The Senate endorsed the bill on Thursday.
It now heads to Governor Jack Dalrymple for his signature.
The legislation abolishes tax breaks based on low oil prices. The bill also bumps the state's oil tax from 10 percent to 11 percent if crude prices rebound above $90 for three consecutive months.
GOP lawmakers say the bill will provide a stable and predictable tax policy. Democrats say it will cost the state billions of dollars in tax revenue in the long run.