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ND SB2304
Bill
AI Summary
- Extends the maximum payment period for sidewalk assessments from ten years to twenty years
- Maintains interest rate cap at not more than two percentage points above the average net annual interest rate on warrants for the total unpaid assessment amount
- Allows property owners to pay sidewalk assessments in a single lump sum payment at any time
- Permits property owners who have paid one or more installments to pay the remaining balance in one payment
- Senate passed 42-2 with 3 absent; House passed 81-13 with 0 absent
Legislative Description
Payment of assessments.
Last Action
Signed by Governor 03/22
3/23/2017
Committee Referrals
Finance and Taxation1/23/2017
Full Bill Text
No bill text available