ND HB1353

Property tax levies by taxing districts are capped at the prior year's levy plus the consumer price index, with a maximum increase of 3% annually without voter approval

Taxing districts may carry forward unused levy increase capacity for up to three succeeding years, allowing a combined increase of up to double the annual limit in a single year

Exemptions include levies for bonded indebtedness, the state medical center (1 mill), Garrison Diversion Conservancy District (up to 1 mill), special assessments, and certain water-related taxes

Exceeding the cap requires approval by at least 60% of voters at a statewide primary or general election, and may only be approved for one taxable year at a time

Effective for taxable years beginning after December 31, 2024; cities and counties cannot override these limits using home rule authority