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ND SCR4012

Concurrent Resolution

Official Source

Status

Engrossed

3/7/2017

Primary Sponsor

Scott Meyer

Click for details

Origin

Senate

65th Legislative Assembly

AI Summary

  • Requests the Legislative Management to study homestead tax credit thresholds for individuals who are permanently and totally disabled
  • Current homestead tax credit reduces property taxes for individuals 65 years or older or those permanently and totally disabled with annual income of $42,000 or less
  • Directs evaluation of the asset threshold test portion to determine the impact on state tax revenues if homesteads are excluded from asset valuation for permanently and totally disabled individuals
  • Requires Legislative Management to report findings, recommendations, and any necessary implementing legislation to the Sixty-sixth Legislative Assembly

Legislative Description

A concurrent resolution requesting the Legislative Management to consider studying the homestead tax credit thresholds for individuals who are permanently and totally disabled.

Last Action

Second reading, failed to adopt yeas 19 nays 73

3/17/2017

Committee Referrals

Finance and Taxation2/17/2017

Full Bill Text

No bill text available