Bill > HB1353

This bill introduces new limitations on property tax levies by local taxing districts in North Dakota without requiring voter approval. Specifically, the bill caps annual property tax increases at the rate of the Consumer Price Index (CPI), not to exceed 3%, effectively restricting how much local governments can increase their property tax collections each year. The bill provides several exceptions to this limitation, such as when new properties become taxable, when property tax exemptions change, or when temporary mill levy increases expire. Taxing districts can carry forward unused increases for up to three years and can exceed the cap with approval from 60% of voters in a primary or general election. The bill excludes certain types of taxes from the limitation, including those for bonded indebtedness, the state medical center, special improvement projects, and some specific district levies. Importantly, cities and counties cannot use home rule authority to override these restrictions. The bill defines key terms like "Consumer Price Index" and "taxing district" and will take effect for taxable years beginning after December 31, 2024, providing local governments and taxpayers time to prepare for the new property tax levy constraints.

Budget and Finance

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1353.html