ND HB1041

Allows persons who qualify for the property tax credit to also elect an additional homestead credit for special assessments levied by taxing districts, with a maximum credit of $6,000 adjusted annually by the consumer price index.

Requires applicants to file a claim with the county auditor on or before February 1st of the year in which the special assessment installment becomes payable.

County auditors must certify special assessment credit information to the state tax commissioner by March 1st each year, and the state treasurer shall disburse payments to counties by June 1st.

Creates a state lien on the property equal to the credit plus 9% annual interest from June 1st, which takes precedence over all liens except general tax liens and prior special assessment liens.

Effective for taxable years beginning after December 31, 2018, and applies to all credits granted after the act's effective date.