ND HB1056

Expands eligibility for North Dakota's disabled veterans property tax credit to include unremarried surviving spouses and designated trustees when the original disabled veteran is deceased.

Allows property held in revocable or irrevocable trusts for an unremarried surviving spouse's occupancy to qualify for the credit of up to $6,750 in taxable valuation.

Provides that unremarried surviving spouses receiving dependency and indemnity compensation or trustees administering qualifying trusts receive a 100 percent credit under the program.

Specifies that the credit terminates when the unremarried surviving spouse ceases to occupy the property, if the applicant is a trustee.

Effective for taxable years beginning after December 31, 2016, for ad valorem property taxes and after December 31, 2017, for mobile home taxes.