HB 1575: 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.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

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.

Sponsors

Sponsors by party (alphabetical): Republican 9

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. May 2, 2025Second reading, failed to pass, yeas 0 nays 46
2. May 2, 2025Reported back, do not pass, placed on calendar 6 0 0
3. March 11, 2025Committee Hearing 09:00
4. March 7, 2025Introduced, first reading, referred Finance and Taxation Committee
5. February 25, 2025Received from House
6. February 25, 2025Second reading, passed, yeas 86 nays 5
7. February 25, 2025Amendment adopted, placed on calendar
8. February 24, 2025Reported back amended, do pass, amendment placed on calendar 18 1 4
9. February 13, 2025Rereferred to Appropriations
10. February 13, 2025Amendment adopted
11. February 12, 2025Reported back amended, do pass, amendment placed on calendar 13 1 0
12. January 28, 2025Committee Hearing 10:30

Showing 12 most recent of 13 actions. Full history