HB 1168 - Overview

A Amendment S SPA
E Engrossment $ Fiscal Note
HJ House Journal SJ Senate Journal
Sponsors

Introduced by Rep. Louser, Sen. Burckhard, Rep. Jonas, Rep. Monson, Rep. Richter, Rep. Sanford, Sen. Thomas, Rep. Toman


Title

A BILL for an Act to create and enact a new section to chapter 54-27 and a new section to chapter 57-15 of the North Dakota Century Code, relating to a legacy earnings fund and limitations on property tax levies by taxing districts except school districts without voter approval; to amend and reenact sections 6-09.4-10.1, 15.1-27-04.1, and 15.1-27-04.2, subsection 1 of section 21-10-06, sections 54-27-19.3 and 57-15-01.1, subsection 1 of section 57-15-14, section 57-15-14.2, and subdivision c of subsection 1 of section 57-20-07.1 of the North Dakota Century Code, relating to the legacy sinking and interest fund, the state school aid funding formula, funds invested by the state investment board, the legacy earnings highway distribution fund, and school district levy authority; to repeal sections 15.1-27-04.3, 15.1-27-15.1, 15.1-27-20.2, 21-10-12, and 21-10-13 of the North Dakota Century Code, relating to adjustments to state aid payments, legacy fund definitions, and a legacy earnings fund; and to provide an effective date.


Current Status

Introduced


Last Official Action

Committee Hearing 02:30 on 03/11