b. Omitted assessments - Laserfiche WebLink

Section 12 transfers $115,000,000 from the permanent oil tax trust fund to the general fund. Section 13 requires the legislative council to study in each interim through 2012 the feasibility and desirability of property tax refol1ll and providing property tax relief, with the goal or reduction of eachtaxpayer'sannual property tax bill to not more than 1.5 percent of the true and full value of the property. The study shall include examination of the proper measure of education funding from local t,axation and state resources and the variability of funding resources among taxing distric'ts, and examination of improved collection and reporting of property tax information to identify residency of , property owners with minimized' administrative difficulty. ' . , Section 14 provides effective dat~s for various s~ctiQns of this Act. .. SB 2088, Effective date: August 1, 2007 Amends subsection 5 ofsectioIl57-02-08.1. Provides that a certificate from a licensed physician or a written determination of disability from the social security administration is acceptable proof of pemianent a~ci total disability for purposes ofho~estead credit and renter refund. SB)I72 ,Effective date:f9xtirxable ye~rs b~.ginning afterDe~ehiber 31,2006', Amends subsection 20 of section 57-02-08. ,Mends subdivision a. Provides that a paraplegic veteran may receive exemption of~he fixtures, ,:.b.ui1dings, and improvements owned and occupied as a homestead up to a true and full value of ,>,,$120,000. ' Amends subdivision b. Repeals the income test for a disabled veteran with 50 percent or greater service-connected disability. Provides that a disabled veteran with a 50 percent or greater service- ,connected disability is eligible for an exemption equal to the percentage of the disabled veteran's disability, applied against the first $120,000 oftrue,cmd full va1uatic)ll of fixtures, buildings, and improvements owned and occupied as a homestead. - . Makes no change to subdivision c. The maximum true and full value of fixtures, bu'ildings, ind improvements owned and occupied as a homestead ,by a permanently arid totally disabled person who is permanently confined to a wheelchair that maybe exempted remains at $80,000, as i~ the definition of "homestead" in section 47-18-01. Provides that after the initial filing of a claim for exemption under this subsection, the exemption is automatically renewed each following year, but the veteran or veteran's unremarried surviving spouse must refile if that person sells the property or no longer claims it as a primary place 'of residence, 'or if the veteran dies or receives a change in the percentage ofthe certified rated service-connected . disability; Provides that this subsection does not apply within a countY in which a resolution approved by the board of county commissioners is in effect disallowing the exemption under this subsection for the taxable year. , SB 2200 Effective date: August 1,2007 (Section 47) Section 47 repeals subsection 3 of section 57-15-14, the adjustment for the repealed mil11evy deduction. The rest of SB 2200 does not affect property tax. . SB 2205 Effective date: Section'14 is effective through December 31,2009 Section 14 creates a new subdivision to subsection 3 of section 57-15-oi .1. Provides that the dollar amount levied by a county in the base year must be reduced by the amount of dollars levied by a county in the base year for administration of the child support enforcement program by the county social service board and increased by section 17 of this Act. North Dakota Office of State Tax Commissioner