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ND SB2255

Bill

Status

Passed

3/22/2019

Primary Sponsor

Dwight Cook

Click for details

Origin

Senate

66th Legislative Assembly

AI Summary

  • School district governing bodies must levy taxes by August 10 of each year and may amend their tax levy and budget by October 10 of the current fiscal year.

  • Changes to tax levies and budgets must be certified to the county auditor within the time limitations specified in section 57-15-31.1.

  • School district taxes must be based on an itemized budget statement showing the complete expenditure program and revenue sources for the current fiscal year.

  • School boards are limited in tax levying to amounts necessary for meeting appropriations, interim funds, bonded debt interest, and sinking funds for principal repayment at maturity.

  • The Act is effective for taxable years beginning after December 31, 2018.

Legislative Description

Changes in school district tax levies; and to provide an effective date.

Last Action

Signed by Governor 03/21

3/22/2019

Committee Referrals

Finance and Taxation1/14/2019

Full Bill Text

No bill text available