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ND SB2278
Bill
Status
4/12/2019
Primary Sponsor
Jim Dotzenrod
Click for details
AI Summary
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Designates income information provided to assessors for farm home residence property tax exemptions as confidential records.
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Requires individuals claiming the farm home exemption to provide written statements and income information on forms prescribed by the tax commissioner to demonstrate eligibility based on 50% or more net income from farming activities.
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Designates income information contained in verified statements of facts for homestead credit claims as confidential records.
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Section 1 becomes effective for taxable years beginning after December 31, 2019.
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Section 2 becomes effective for taxable years beginning after December 31, 2018.
Legislative Description
The farm home residence property tax exemption and the homestead credit to provide for the confidentiality of documents evidencing eligibility for the exemption and credit; and to provide an effective date.
Last Action
Signed by Governor 04/11
4/12/2019