ND HCR3021

Directs the Legislative Management to study replacing North Dakota's property tax system with state payments to political subdivisions at a rate sufficient to fully replace property tax revenue

Proposes allowing local taxpayers to vote on approval or disapproval of any excess taxing authority proposals by local governments

Identifies concerns that state property tax relief funding has been consumed by growing local government costs, and that increased property values have inflated the tax base beyond the restraint of statutory levy limitations

Requires development of an equitable alternative revenue source with voter approval if the property tax system is eliminated

Mandates the Legislative Management report its findings, recommendations, and any required implementing legislation to the Sixty-fifth Legislative Assembly