SB 2213 - FINANCIAL.PROPERTY TAX - Increased Credit for Disabled Veterans FROM $150,000 to $180,000 - 2021

FINANCE. Property Tax Credit for Disabled Veterans

A BILL for an Act to amend and reenact section 57-02-08.8 of the North Dakota Century Code,
relating to the property tax credit for disabled veterans; and to provide an effective date.

This bill would...

• Increase taxable valuation on the first $6,750 to $11,250
  • Taxable value of $6,750 = True and Full Value of $150,000
  • Taxable value of $11,250 = True and Full Value of  $250,000

SENATE AMENDMENTS & ACTIONS

• Amendment: Reduced taxable valuation on the first $11,250 to $9,000
  • Taxable value of $9,000 = True and Full Value of $200,000
• Committee Recommended DO PASS 5-2-0 SJ 340
• Referred to Senate Appropriations
• Appropriations Committee Recommended DO PASS 14-0-0 SJ 628
• PASSED Senate 45-1 SJ 700
• Senate refused to concur with House amendments SJ 1444
• Senate Conference Committee assigned: Patten, Dever, Piepkorn SJ 1444
• 4/26/2021 Signed by Senate President SJ 1680

HOUSE AMENDMENTS & ACTIONS

• 2/23/2021: Received from Senate HJ 950
• Committee recommended DO PASS 13-1-0 HJ 1155
• Referred to House Appropriations HJ 1155
• Amendment: Reduced taxable valuaion on the first $9,000 to $8,000
  • Taxable value of $8,000 = True and Full Value of $177,777.78
• Appropriations Committee recommended DO PASS as amended 12-5-4 HJ 1437
• PASSED House 87-3 HJ 1561
• Senate refused to concur to House amendments SJ 1444
• House Conference Committee assigned: Koppelman, Bellew, Kempenich HJ 1741
• 4/26/2021 Signed by House Speaker HJ 1994

CONFERENCE COMMITTEE AMENDMENTS & ACTIONS

• Amend taxable valuation limit to the first $8,100
  • Taxable value of $8,100 = True and Full Value of $180,000 Video
• Committee recommended DO PASS 6-0-0
• PASSED Senate 47-0 SJ 1639
• PASSED House 91-0 HJ 1946

Fiscal note: $3,800,000 in 2021-2023 biennium

Fiscal note 2: $2,300,000

Fiscal note 3: $1,400,000