The bill amends and reenacts several sections of the North Dakota Century Code to implement technical corrections, including the addition of new definitions for terms such as "children," "coal," "compound interest," "corporate surety," and "good faith." It also clarifies existing definitions, such as "qualified elector" and "value," and updates the definition of "sexual offender" to encompass specific offenses. The bill further modifies references to various sections of the law to enhance accuracy and relevance, while also repealing outdated sections.

In addition to these technical updates, the bill introduces significant changes related to the public employees retirement system, allowing eligible employees to transfer to a defined contribution plan with specific conditions and employer contributions. It establishes a three-month election period for this transfer and outlines the calculation process for the lump sum amount. The bill also amends provisions concerning tax credits for disabled veterans and surviving spouses, removing the unremarried requirement for spouses. Furthermore, it revises the definition of "North Dakota taxable income" to include various deductions and adjustments, and sets an effective date for the new tax provisions to begin after December 31, 2024.

Statutes affected:
PREFILED: 1-01-49, 12.1-32-15, 14-07.6-01, 18-01-36, 27-20.3-16, 45-13-01, 49-02-02, 52-02-18, 54-10-28, 54-52.6-02.2, 57-02-08.8, 57-38-30.3, 57-40.5-03
Enrollment: 1-01-49, 12.1-32-15, 14-07.6-01, 18-01-36, 27-20.3-16, 45-13-01, 49-02-02, 52-02-18, 54-10-28, 54-52.6-02.2, 57-02-08.8, 57-38-30.3, 57-40.5-03
INTRODUCED: 1-01-49, 12.1-32-15, 14-07.6-01, 18-01-36, 27-20.3-16, 45-13-01, 49-02-02, 52-02-18, 54-10-28, 54-52.6-02.2, 57-02-08.8, 57-38-30.3, 57-40.5-03