HB 1575 - Overview

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

Introduced by Rep. Weisz, Rep. Beltz, Rep. Dockter, Rep. Dressler, Rep. Hagert, Rep. Headland, Rep. Kempenich, Sen. Klein, Sen. Schaible, Sen. Thomas


Title

A BILL for an Act to create and enact two new sections to chapter 54-27, two new sections to chapter 57-02, and a new subdivision to subsection 1 of section 57-55-10 of the North Dakota Century Code, relating to a legacy earnings fund, a legacy property tax relief fund, a state reimbursed taxable valuation reduction for residential, agricultural, and commercial property, limitations on taxable valuation increases, and voter-approved excess levy authority; to amend and reenact section 6-09.4-10.1, subsection 1 of section 21-10-06, section 54-27-19.3, subdivision c of subsection 1 of section 57-02-08.1, subdivision b of subsection 2 of section 57-02-08.1, and section 57-02-08.10, of the North Dakota Century Code, relating to funds invested by the state investment board, the homestead tax credit and renters refund, and the primary residence credit certification and state reimbursement; to repeal sections 21-10-12, 21-10-13, and 57-02-08.9 of the North Dakota Century Code, relating to legacy fund definitions, the legacy earnings fund, and the primary residence credit; to provide an appropriation; to provide for a transfer; to provide an effective date; and to provide an expiration date.


Measure Status   Track this Bill

First Reading

House 01/20

Rereferred to Committee

Appropriations*

Second Reading

House 02/25

First Reading

Senate 03/07

Referred to Committee

Finance and Taxation

Second Reading

Senate

Review

House

Conference Committee

If Necessary

Governor


Last Official Action

Committee Hearing 09:00 on 03/11 (Senate Finance and Taxation)