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ND HB1449
Bill
Status
4/9/2021
Primary Sponsor
Jon Nelson
Click for details
AI Summary
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Creates a county aid distribution fund in the state treasury consisting of tax collections transferred by the state treasurer under continuing appropriation
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Requires deposit of one-fourth of one percent of net sales, gross receipts, use, and motor vehicle excise tax collections from chapters 57-39.2, 57-39.5, 57-39.6, 57-40.2, and 57-40.3 into the fund
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State treasurer must allocate fund moneys at least quarterly to the county with the lowest ratio of taxable property values per capita that has a population exceeding 10,000
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County treasurer deposits all revenues received under this section into the county general fund
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Applies to tax collections received after June 30, 2021, and expires June 30, 2023
Legislative Description
A county aid distribution fund; to provide a continuing appropriation; to provide for application; and to provide an expiration date.
Last Action
Signed by Governor 04/08
4/9/2021