ND SB2294

Replaces terminology of "reassessment" with "new assessment" throughout the North Dakota Century Code sections related to property assessment and equalization procedures.

Requires certified assessment officials to maintain individual property records for each parcel of taxable property in electronic or paper form, with county directors of tax equalization maintaining records for ten years.

Establishes that property owners subjected to a new assessment under section 57-14-08 may appeal directly to the state board of equalization, bypassing the requirement to first appeal to local and county equalization boards.

Authorizes the state board of equalization and tax commissioner to order new assessments of property in political subdivisions where property has escaped assessment, been assessed unfairly, or not been assessed according to law.

Specifies procedures for new assessments including appointment of special assessors, notice requirements (with minimum 15-day advance notice for property owners experiencing increases of $3,000 or more or 10% or more), and equalization meetings to hear grievances.