The bill amends and reenacts several sections of the North Dakota Century Code to incorporate technical corrections, including the addition of new definitions such as "children," "coal," "compound interest," "corporate surety," "good faith," and "population." It also clarifies existing terms like "qualified elector" and "third persons," while introducing definitions for "value" and "verified." In addition, the bill repeals multiple sections that contain outdated or redundant references, aiming to streamline legal language and enhance clarity in the law's application.

Moreover, the bill addresses specific amendments related to retirement benefits and tax adjustments for eligible individuals. It allows employees opting for a lump sum transfer to retain their membership in the public employees retirement system, with the state employer required to contribute an additional $3,333 annually for up to three years. The bill also revises tax credits for disabled veterans and surviving spouses by removing the unremarried requirement and updates the definition of "North Dakota taxable income" to include various adjustments. Notably, it establishes that the amendments regarding tax credits will take effect for taxable years beginning after December 31, 2024, while repealing several outdated sections of the Century Code.

Statutes affected:
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
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
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