ND HB1306

Amends North Dakota Century Code Section 57-02-08.8 to modify the property tax credit for disabled veterans with service-connected disabilities of 50 percent or greater.

Eligible disabled veterans and unremarried surviving spouses of deceased disabled veterans receive a property tax credit applied against the first $120,000 of homestead property valuation.

Credit amount equals the percentage of the disabled veteran's disability compensation rating for service-connected disabilities as certified by the Department of Veterans Affairs.

Applies to veterans discharged under honorable conditions or retired from the United States armed forces.

Effective for taxable years beginning after December 31, 2010.