This bill amends various sections of the North Dakota Century Code to enhance the regulation of property tax levies and state aid funding for school districts. It introduces a requirement for school districts to submit taxable valuation and mill levy certifications by December 15 each year, with penalties for non-compliance that include withholding state aid payments. The bill also repeals outdated provisions related to state aid adjustments and establishes a new framework for calculating state aid based on data from the 2018-19 school year, while ensuring that districts transitioning to elementary status receive appropriate funding adjustments.

Additionally, the bill sets new limitations on property tax levies by taxing districts, capping increases at three percent without voter approval and requiring a supermajority for any levies exceeding this cap. It specifies a general fund levy limitation of seventy mills, with a reduced limit of sixty mills for agricultural, commercial, and centrally assessed properties. The bill also terminates the authority for unlimited levies approved before July 1, 2009, effective for taxable years after 2015, and includes provisions to exclude certain tuition revenues from state aid calculations, particularly for students educated on Air Force bases. Overall, the bill aims to streamline funding processes and ensure equitable distribution of state aid while imposing stricter controls on property tax levies.

Statutes affected:
INTRODUCED: 15.1-27-02, 15.1-27-04.1, 15.1-27-04.2, 57-15-01.1, 57-15-14, 57-15-14.2, 57-20-07.1