HB 1051 - Property Tax Relief - North Dakota Key Vote
Layton Freborg voted Yea (Passage With Amendment) on this Legislation.
Timeline
- Senate Bill Failed
- April 6, 2007
- House Bill Passed
- Feb. 14, 2007
- Introduced
- Jan. 3, 2007
Related Issues
Stage Details
Title: Property Tax Relief
Vote Smart's Synopsis:
Vote to pass a bill providing property tax credits.
Highlights:
-Provides for a ten percent tax credit on residential property and a five percent credit on agricultural and commercial property (sec. 3). -Increases the income levels under which seniors over 65 years of age qualify for Homestead credits, which grant reductions in the assessment of taxable value of property (sec. 1). -Revises income tax brackets to increase the number of individuals and families who qualify for lower tax rates (sec. 7).
Title: Property Tax Relief