Financial: Property Tax

Intent of legislative bill:

Allow any surviving spouse in receipt of VA dependency and indemnity compensation (DIC) to be eligible for 1 DAV (non-distinctive or standard) plate and exemption.

Homestead Tax Credit

• Increases property tax exemption limit for disabled veterans from $120,000 full and True ($5,400 taxable value) to $150,000 ($6,750 taxable value)
• Effective date of 12-31-2012. And 12-31-2013 for mobile homes.
• Fiscal note: $477,000. State general funds reimbursement

Disabled Veterans Rent Credit

Origination of bill: Representative Guggisberg, Ron

• Provided renters credit for 50% or higher disabled veterans who would qualify for property tax exemption, but rent.
• Fiscal note: $1,472,000

Property Tax Exemption while on Active Duty

• Reduce taxable valuation of homestead for each day on Federal active duty divided by total number of days in a year (365). Full year would equal 100% reduction.
• On first $4,500 of taxable value of homestead.
• Spouses living together may only apply for 1 exemption
• Service members living together and not married can apply for full exemption based on the percentage of ownership in the homestead.
• Fiscal note: No amount provided.

Property Tax Exemption

• Change disabled veterans homestead taxable valuation limit from $5,400 to $6,750
• Fiscal note: $477,000

Renter Credit for Disabled Veteran

A BILL for an Act to amend and reenact section 57-02-08.8 of the North Dakota Century Code, relating to a renter credit for a disabled veteran who would qualify for the property tax credit for disabled veterans except for the fact that the disabled veteran rents living quarters; and to provide an effective date.

• Veterans with disability rating of 50% or more who are eligible for property tax credit but rent would receive a renters credit
• Fiscal note: $2,020,000

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 extension of the disabled veterans' property tax credit to the disabled veteran's surviving spouse; and to provide an effective date.

Disabled Veteran Benefits and Tax Treatment

Origination: NDDVA, ACOVA

Adds: Individual unemployability as qualifying as 100% or Total Disabled to benefits for property tax exemption (effective for tax years after Dec. 31, 2010), free tuition, vehicle plates, and vehicle excise tax

Adds: un-remarried surviving spouse in receipt of DIC will receive 100% of the property tax exemption and continue veterans vehicle excise tax exemption after death.

Property Tax Credit for Deployed Guard

Provides a 40% tax credit for guard members if deployed.

Disabled Veteran Property Tax Exemption and Appropriation

A BILL for an Act to create and enact a new section to chapter 57-02 of the North Dakota Century Code and a new section to Senate Bill No. 2184, as approved by the sixty-first legislative assembly, relating to a property tax credit for disabled veterans and to declare Senate Bill No.