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ND SB2312

Bill

Status

Introduced

1/20/2025

Primary Sponsor

Jeffery Magrum

Click for details

Origin

Senate

69th Legislative Assembly

AI Summary

  • Creates a new property tax exemption for all property owned by charitable organizations and used primarily for nonprofit equine events
  • Amends section 57-02-08 of the North Dakota Century Code by adding this exemption to existing property tax exemption categories
  • Effective for taxable years beginning after December 31, 2024
  • Introduced by Senator Magrum in the 69th Legislative Assembly of North Dakota

Legislative Description

A property tax exemption for property owned by a charitable organization and used for equine events; and to provide an effective date.

Last Action

Second reading, failed to pass, yeas 2 nays 44

2/4/2025

Committee Referrals

Finance and Taxation1/20/2025

Full Bill Text

No bill text available