AN ACT to amend and reenact subsection 1 of section 43-07-10 of the North Dakota Century Code, relating to contractor reporting thresholds for single projects.

SB 2163 raises the reporting threshold for contractors in North Dakota from $25,000 to $50,000 per project. It requires contractors completing projects over $50,000 in the previous year to submit detailed project listings, insurance certificates, and proof of paid payroll taxes when renewing their licenses. The bill directly affects licensed contractors performing large-scale projects within the state, shifting reporting obligations to fewer businesses. Key provisions include mandatory project documentation, insurance verification, and tax compliance checks during license renewal. This change simplifies reporting for smaller contractors while maintaining oversight for larger projects.