ND HB1266

Increases the property tax credit cap for disabled veterans from $8,100 to $9,000 of taxable valuation on homesteads owned and occupied by eligible veterans or surviving spouses

Expands eligibility for co-ownership exceptions to include parents and children of disabled veterans, in addition to spouses, when calculating credit limits for shared homestead property

Removes the requirement that surviving spouses must be "unremarried" to claim the credit, allowing remarried surviving spouses to remain eligible

Adds definitions for "child" (by birth, adoption, or marriage) and "parent" (birth, adoptive, or stepparent) to clarify family relationship terms used in the statute

Effective for taxable years beginning after December 31, 2024