This is a multi-state form covering the subject matter of the title. See preview link below.
North Dakota Market Development Agreement
Category:
State:
Multi-State
Control #:
US-EG-9119
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Market Development Agreement?
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FAQ
However, North Dakota's largest source of per capita revenue in 2021 was severance taxes, which tax the extraction of natural resources such as oil and natural gas. North Dakota's per capita severance tax revenue was $2,137 in 2021.
Source: Bureau of Economic Analysis. In the 1st quarter of 2023, the real GDP for North Dakota was $71.3 billion in goods and services per year.
The largest industries by revenue in North Dakota are Oil Drilling & Gas Extraction, Corn, Wheat & Soybean Wholesaling and Petroleum Refining, which generated $50.1b, $13.2b and $7.4b in 2023.
Agriculture is the leading industry sector in North Dakota and points clearly to the extraordinarily important role North Dakota plays in raising crops and livestock to feed the world's growing population and meet increasing demands for renewable energy and life science applications.
A development agreement is a voluntary contract between a local jurisdiction and a person who owns or controls property within the jurisdiction, detailing the obligations of both parties and specifying the standards and conditions that will govern development of the property.
Doug Burgum said. North Dakota experienced the highest growth in real GDP among all 50 states in the first quarter of 2023, surging by 12.4% in the last year ? more than six times higher than the nationwide increase of 2%, ing to BEA estimates.
North Dakota has been enjoying a robust economy, characterized by a flourishing energy development sector, in addition to strong agriculture, real estate, and government sectors.