A BILL for an Act to create and enact three 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 primary residence certification, a state reimbursed taxable valuation reduction for primary residential property, and a state reimbursed taxable valuation reduction for agricultural and commercial property owned by resident individuals or entities domiciled in the state; to amend and reenact sections 57-02-01, 57-02-08.10, 57-02-27, and 57-02-27.1 of the North Dakota Century Code, relating to property classifications and the primary residence credit certification and state reimbursement; to repeal section 57-02-08.9 of the North Dakota Century Code, relating to the primary residence credit; to provide an effective date; and to provide an expiration date.
Last Official Action
Committee Hearing 10:30 on 01/28