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ND SB2039
Bill
Status
4/8/2025
Primary Sponsor
Legislative Management
Click for details
AI Summary
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Expands the definition of "raising agricultural crops" to include storage of harvested crops by a farmer or direct relative until delivery to the first end-point user
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Creates a new property tax exemption for crop storage structures owned by farmers on platted land within city limits, if the land was platted and assessed as agricultural property prior to March 30, 1981
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Preserves agricultural property classification for land used in oil, natural gas, or subsurface mineral extraction if the remainder of the parcel continues to qualify as agricultural
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Reorganizes and clarifies existing criteria for determining when platted property loses agricultural classification (seven-factor test requiring four conditions to be met)
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Effective for taxable years beginning after December 31, 2025; passed Senate 38-9 and House 84-7
Legislative Description
The definition of agricultural property and the farm structure and improvements property tax exemption; and to provide an effective date.
Last Action
Filed with Secretary Of State 04/08
4/9/2025