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ND HB1237
Bill
Status
Engrossed
1/25/2023
Primary Sponsor
Jason Dockter
Click for details
AI Summary
- Amends section 57-15-41 of the North Dakota Century Code to exempt infrastructure fees from state tax levy limitations
- Applies exemption to tax levies by counties, cities, school districts, park districts, and townships for paying infrastructure fees under sections 11-09.1-05, 11-11-55.1, 40-05.1-06, and 40-22-01.3
- Extends existing exemption for special assessments to also cover infrastructure fees and debt service on bonds issued to prepay special assessments
- Requires any surplus funds in the special assessment fund after all assessments are paid to be transferred to the political subdivision's general fund
Legislative Description
The exemption of infrastructure fees from levy limitations.
Last Action
Second reading, failed to pass, yeas 11 nays 35
3/10/2023
Committee Referrals
Finance and Taxation2/10/2023
Political Subdivisions1/10/2023
Full Bill Text
No bill text available