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Published April 30, 2013, 09:39 AM

North Dakota Senate rejects tax cut measure

BISMARCK, N.D. (AP) — North Dakota's Senate has killed a bill that contained more than $350 million in individual and corporate income tax cuts.

BISMARCK, N.D. (AP) — North Dakota's Senate has killed a bill that contained more than $350 million in individual and corporate income tax cuts.

Senators defeated the bill 35-12 on Tuesday. North Dakota's House overwhelmingly passed the measure Monday by a 75-15 vote.

The measure would have cut personal incomes taxes by about $251 million and corporate income taxes by more than $100 million.

Representatives originally had endorsed a $500 million tax cut plan early in the session. A Senate committee cut the proposal to $125 million.

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