This bill amends several sections of the North Dakota Century Code to enhance the processes surrounding state aid payments for school districts. It establishes a requirement for school districts to file taxable valuations and mill levy certifications separated by property classification by December 15th each year, with non-compliance resulting in the withholding of state aid payments. The bill also introduces a new baseline funding structure that incorporates various revenue types from previous school years and revises the calculation of state aid to reflect changes in student enrollment and revenue sources. Outdated provisions are removed, and specific percentages for revenue deductions and adjustments based on the district's financial situation are outlined to ensure that funding aligns with current educational needs.

Additionally, the bill addresses property tax levies by school districts, specifying permissible mill levies for educational services and miscellaneous purposes, with clear restrictions on fund transfers. It mandates the inclusion of a "legislative tax relief" line item on property tax statements, detailing state-provided property tax savings for different property types. The effective date for certain sections of the bill is set for taxable years beginning after December 31, 2024. Overall, the amendments aim to create a more equitable distribution of state aid while providing clear guidelines for local taxing authorities and enhancing transparency in property tax statements.

Statutes affected:
Prepared by the Legislative Council staff for Senator Erbele: 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
FIRST ENGROSSMENT: 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
Prepared by the Legislative Council staff for Senate Appropriations Committee: 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
SECOND ENGROSSMENT: 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
Prepared by the Legislative Council staff for Senator Mathern: 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
THIRD ENGROSSMENT: 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