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ND HB1101

Bill

Official Source

Status

Passed

3/29/2011

Primary Sponsor

Unknown

Origin

House of Representatives

62nd Legislative Assembly

AI Summary

  • Amends section 57-02-27.1 of the North Dakota Century Code regarding property valuation standards for assessors and boards of equalization.

  • Requires assessors and boards of equalization to place values of taxable property at true and full value, except as otherwise provided by law, with agricultural lands valued pursuant to section 57-02-27.2.

  • Authorizes city or township governing bodies to establish valuations that recognize the supply of vacant lots available for sale.

  • Effective for taxable years beginning after December 31, 2010.

  • Passed the House 94-0 and the Senate 44-0 with 3 absences.

Legislative Description

The valuation of properties in townships; and to provide an effective date.

Last Action

Filed with Secretary Of State 03/28

4/14/2011

Committee Referrals

Finance and Taxation1/4/2011

Full Bill Text

No bill text available