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North Dakota enacts tax deduction for 529 contributions

(April 16, 2007) - North Dakota Governor John Hoeven has signed into law HB 1091, giving North Dakota taxpayers a state income tax deduction for up to $5,000 ($10,000 for joint filers) in annual contributions to the North Dakota College SAVE 529 savings plan. The new law is effective as of January 1, 2007.

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