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IntroducedJan 20, 2025
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Passed House
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Passed Senate
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Signed into Law
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, and limitations on taxable valuation increases without voter approval; 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.
Last Action See all actions
House • Feb 21, 2025: Committee Work, House Appropriations, 02/21 6:35 PM, Room Roughrider - Committee Work: Relating to a legacy earnings fund, a legacy property tax relief fund, a state reimbursed taxable valuation reduction for residential, agricultural, and commercial property, and limitations on taxable valuation increases without voter approval; to amend and reenact section 6‑09.4‑10.1, subsection 1
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on HB 1575
Tweets
Whip Lists
Sponsors
Votes
Actions
- Feb 21, 2025 | House
- Committee Work, House Appropriations, 02/21 10:25 AM, Room Roughrider - Committee Work: Relating to a legacy earnings fund, a legacy property tax relief fund, a state reimbursed taxable valuation reduction for residential, agricultural, and commercial property, and limitations on taxable valuation increases without voter approval; to amend and reenact section 6‑09.4‑10.1, subsection 1
- Committee Work, House Appropriations, 02/21 6:35 PM, Room Roughrider - Committee Work: Relating to a legacy earnings fund, a legacy property tax relief fund, a state reimbursed taxable valuation reduction for residential, agricultural, and commercial property, and limitations on taxable valuation increases without voter approval; to amend and reenact section 6‑09.4‑10.1, subsection 1
- Feb 17, 2025 | House
- Committee Work, House Appropriations, 02/17 3:30 PM, Room Roughrider - Committee Work: 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. Rereferred from Finance and Tax
- Feb 13, 2025 | House
- Amendment adopted
- Rereferred to Appropriations
- Feb 12, 2025 | House
- Committee Work, House Finance and Taxation, 02/12 2:48 PM, Room 327E - Committee Work: 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 ree
- Reported back amended, do pass, amendment placed on calendar 13 1 0
- Feb 10, 2025 | House
- Committee Work, House Finance and Taxation, 02/10 3:09 PM, Room 327E - Committee Work: 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 ree
- Jan 28, 2025 | House
- Bill Hearing, House Finance and Taxation, 01/28 10:30 AM, Room 327E - relating to the primary residence credit; to provide an effective date; and to provide an expiration date.
- Committee Hearing 10:30
- Jan 20, 2025 | House
- Introduced, first reading, referred to Finance and Taxation
Documents
- Fiscal Note (INTRODUCED)PDF
- Fiscal Note (FIRST ENGROSSMENT)PDF
- Video - House Finance and Taxation, 01/28 10:35 AM (HB 1575)
- Video - House Finance and Taxation, 02/10 03:09 PM (HB 1575 - Committee Work)
- Video - House Finance and Taxation, 02/12 02:49 PM (HB 1575 - Committee Action)
- Video - House Appropriations, 02/17 03:52 PM (Committee Work: HB 1575)
- Testimony (In Favor) -- Robin Weisz, ND Legislative Assembly District 14 (Representative), (House Finance and Taxation, 01/28 10:30 AM)PDF
- Testimony (In Favor) -- Arik Spencer, Greater North Dakota Chamber (President and Ceo), (House Finance and Taxation, 01/28 10:30 AM)PDF
- Testimony (Neutral) -- Jason Dockter, ND Legislative Assembly District 7 (Representative), (House Finance and Taxation, 02/10 03:09 PM)PDF
- Testimony (Neutral) -- Jared Hagert, ND Legislative Assembly District 20 (Representative), (House Finance and Taxation, 02/10 03:09 PM)PDF
- Testimony (Neutral) -- Jason Dockter, ND Legislative Assembly District 7 (Representative), (House Finance and Taxation, 02/12 02:48 PM)PDF
- Testimony (In Favor) -- Robin Weisz, (House Appropriations, 02/21 10:25 AM)PDF