23.0539.01000
Sixty-eighth
Legislative Assembly SENATE BILL NO. 2136
of North Dakota
Introduced by
Senators Lee, Hogan, Patten
Representatives Bosch, Boschee, Dockter
1 A BILL for an Act to amend and reenact subdivision c of subsection 1 of section 57-02-08.1 of
2 the North Dakota Century Code, relating to the homestead tax credit; and to provide an effective
3 date.
4 BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA:
5 SECTION 1. AMENDMENT. Subdivision c of subsection 1 of section 57-02-08.1 of the
6 North Dakota Century Code is amended and reenacted as follows:
7 c. The exemption must be determined according to the following schedule:
8 (1) If the person's income is not in excess of twenty-two thousand dollars, a
9 reduction of one hundred percent of the taxable valuation of the person's
10 homestead up to a maximum reduction of five thousand six hundred
11 twenty-fivenine thousand dollars of taxable valuation.
12 (2) If the person's income is in excess of twenty-two thousand dollars and not in
13 excess of twenty-six thousand dollars, a reduction of eighty percent of the
14 taxable valuation of the person's homestead up to a maximum reduction of
15 four thousand five hundredseven thousand two hundred dollars of taxable
16 valuation.
17 (3) If the person's income is in excess of twenty-six thousand dollars and not in
18 excess of thirty thousand dollars, a reduction of sixty percent of the taxable
19 valuation of the person's homestead up to a maximum reduction of three
20 thousand three hundred seventy-fivefive thousand four hundred dollars of
21 taxable valuation.
22 (4) If the person's income is in excess of thirty thousand dollars and not in
23 excess of thirty-four thousand dollars, a reduction of forty percent of the
24 taxable valuation of the person's homestead up to a maximum reduction of
Page No. 1 23.0539.01000
 Sixty-eighth
Legislative Assembly
1 two thousand two hundred fiftythree thousand six hundred dollars of taxable
2 valuation.
3 (5) If the person's income is in excess of thirty-four thousand dollars and not in
4 excess of thirty-eight thousand dollars, a reduction of twenty percent of the
5 taxable valuation of the person's homestead up to a maximum reduction of
6 one thousand one hundred twenty-fiveone thousand eight hundred dollars
7 of taxable valuation.
8 (6) If the person's income is in excess of thirty-eight thousand dollars and not in
9 excess of forty-two thousand dollars, a reduction of ten percent of the
10 taxable valuation of the person's homestead up to a maximum reduction of
11 five hundred sixty-threenine hundred dollars of taxable valuation.
12 SECTION 2. EFFECTIVE DATE. This Act is effective for taxable years beginning after
13 December 31, 2022.
Page No. 2 23.0539.01000


Statutes affected:
INTRODUCED: 57-02-08.1
Prepared by the Legislative Council staff for Senate Finance and Taxation Committee: 57-02-08.1
FIRST ENGROSSMENT: 57-02-08.1
SECOND ENGROSSMENT: 57-02-08.1