ND SB2113

Disabled veterans with 50% or greater service-connected disability rating or 100% disability rating including individual unemployability are eligible for a property tax credit applied against the first $6,750 of taxable homestead valuation equal to their disability compensation percentage.

Unremarried surviving spouses of deceased disabled veterans are eligible for the same credit, with surviving spouses receiving dependency and indemnity compensation automatically receiving a 100% credit.

When two disabled veterans are married and living together, their combined credits cannot exceed 100% of $6,750 in taxable valuation; credits are limited to the disabled veteran's ownership interest if co-owned with non-spouses.

County auditors must certify eligible recipients and credit amounts to the tax commissioner before March 1 annually, and the tax commissioner distributes state payments to counties by June 1 to reimburse the credit amounts multiplied by applicable tax mill rates.

This Act is effective for taxable years beginning after December 31, 2014, and passed the Senate 46-0 and House 86-0.