North Dakota HB1572: A BILL for an Act to create and enact a new section to chapter 57-01 of the North Dakota Century Code, relating to a uniform taxing district financial and property tax data reporting system; to amend and reenact subsection 11 of section 21-03-07 and sections 57-20-04 and 57-20-07.1 of the North Dakota Century Code, relating to park district bonding authority without a vote, reporting of legislative tax relief information, and delivery and contents of the real estate tax statement; to provide for a legislative management study; and to provide for a legislative management report.

What the bill says

A bill for an Act to create and enact a new section to chapter 57-01 of the North Dakota Century Code, relating to a uniform taxing district financial and property tax data reporting system; to amend and reenact subsection 11 of section 21-03-07 and sections 57-20-04 and 57-20-07.1 of the North Dakota Century Code, relating to park district bonding authority without a vote, reporting of legislative tax relief information, and delivery and contents of the real estate tax statement; to provide for a legislative management study; and to provide for a legislative management report.

From the engrossed text, February 20, 2025:

A BILL for an Act to create and enact a new section to chapter 57-01 of the North Dakota Century Code, relating to a uniform taxing district financial and property tax data reporting system; to amend and reenact subsection 11 of section 21-03-07 and sections 57-20-04 and 57-20-07.1 of the North Dakota Century Code, relating to park district bonding authority without a vote, reporting of legislative tax relief information, and delivery and contents of the real estate tax statement; to provide for a legislative management study; and to provide for a legislative management report. BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA: SECTION 1. AMENDMENT. Subsection 11 of section 21-03-07 of the North Dakota Century Code is amended and reenacted as follows: 11. The governing body of any park district that constitutes a distinct municipality may issue general obligation bonds of the park district in an amount no greater than one percent of the assessed valuation of the taxable property in the park district, up to a maximum of fifteen million dollars, for the purpose of providing funds to acquire, lay out, and improve parks, parkways, boulevards, and pleasure drives, and to acquire land for these purposes, but the. The indebtedness may not at any time exceed one percent of the assessed valuation of the taxable property in …