AN ACT to create and enact a new subsection to section 57-51.1-03 of the North Dakota Century Code, relating to a limited exemption for development incentive wells; to amend and reenact sections 57-51-02.6, 57-51-05, and 57-51.1-01 of the North Dakota Century Code, relating to the temporary exemption for oil and gas wells employing a system to avoid flaring, an exemption from gross production tax for gas produced from certain enhanced oil recovery projects, and the definition of development incentive well; to provide an effective date; and to provide an expiration date.

Removed all provisions defining 'non-oil-producing county' for flexible transportation fund, legacy earnings township aid fund, municipal infrastructure fund, and county and township infrastructure fund purposes.

Added a two-year and thirty-day tax exemption for gas collected at the well site to power electrical generators or used in value-added processes like compression to liquid or petrochemical production.

Added a temporary tax exemption for gas produced from enhanced oil recovery projects after June 30, 2025, until all injected gas is recovered.

Created a new definition for 'development incentive well' for wells spud after June 30, 2025, that use new drilling techniques to develop previously underdeveloped reserves.

Changed the effective date from July 1, 2025 to June 30, 2025 for the new enhanced oil recovery and development incentive well provisions.