ND SB2351

Removes the $1,000 cap on taxable valuation differences for school district property exchanges, replacing it with a requirement that both affected school districts must agree upon the valuation difference

Extends the public hearing notice period from 14 days to 21 days and adds a requirement for certified mail notification to each owner of real property to be annexed

Adds new hearing consideration factors including potential property tax impacts on annexed property owners and their concerns

Section 1 (property exchange requirements) is declared an emergency measure, taking effect immediately upon passage

Passed the Senate 46-0 and the House 84-6 during the 69th Legislative Assembly