ND HB1270

Amends North Dakota Century Code section 57-02-01 to clarify that land undergoing or that has undergone reclamation to restore agricultural productivity cannot be assessed as agricultural property if reclamation is stopped or the bond is released before full restoration is achieved.

Creates new section 57-02-27.4 to establish that reclaimed land is ineligible for agricultural property classification or assessment if reclamation efforts cease or bonding requirements are released before the land is fully restored to agricultural productivity.

Maintains existing conditions under which property platted on or after March 30, 1981, loses agricultural property status, including platting by owner, presence of public improvements, removal of topsoil, non-agricultural zoning, urban atmosphere from surrounding development, small parcel size, and high sale values.

Preserves agricultural assessment status for land used for mineral extraction (oil, natural gas, subsurface minerals) if the remainder of the surface owner's parcel continues to qualify as agricultural property.

Effective for taxable years beginning after December 31, 2014.