This bill amends section 57-02-10 of the North Dakota Century Code to expand the property tax exemption for certain types of land. Specifically, it introduces an exemption for agricultural land that has been granted a permanent easement to the United States for the purposes of protection, restoration, or enhancement of wetlands. The bill also clarifies that the exemption applies to inundated land and land with highway easements, which were already included in the previous law.

Additionally, the bill stipulates that land removed from the tax rolls under the new provisions must remain exempt until the associated water or wildlife conservation projects or highway constructions are completed. The effective date for this amendment is set for taxable years beginning after December 31, 2024.

Statutes affected:
INTRODUCED: 57-02-10