Brian Kroshus Tax Commissioner | North Dakota Office of State Tax Commissioner
Brian Kroshus Tax Commissioner | North Dakota Office of State Tax Commissioner
Gov. Kelly Armstrong has signed Senate Bill 2201, marking the first legislative action of 2025. This bill expands eligibility for North Dakota's $500 property tax credit on primary residences. The change is expected to allow approximately 3,900 additional residences to qualify for the credit.
The bill extends the tax credit, initially approved in 2023, to include primary residences held by trust, life estates, and properties under a contract for deed. Armstrong emphasized that this measure is part of ongoing efforts to provide broader property tax relief and reform. "As we continue to work on a broader property tax relief and reform package, signing this bill into law ensures the property tax relief approved last session is available to all primary residence owners as intended," he stated.
Senate Bill 2201 was introduced by Sen. Mark Weber of Casselton and co-sponsored by key legislative leaders including Senate Majority Leader David Hogue and House Majority Leader Mike Lefor. It received unanimous approval from both the House and Senate. The expanded eligibility applies retroactively to taxable years 2024 and 2025.
Weber noted that the bill addresses an oversight from the previous session, ensuring that all homeowners living in their primary residences can benefit from the credit. "This bill corrects an oversight from last session and rightfully allows primary residences held in trust to be eligible for the primary residence credit on their 2024 and 2025 property taxes," he said.
The expanded eligibility is projected to save taxpayers up to $1.9 million during both the 2023-25 and 2025-27 biennia. An emergency clause allows newly eligible individuals to apply immediately.
State Tax Commissioner Brian Kroshus expressed satisfaction with the outcome and encouraged eligible residents to apply online or contact his office directly for assistance with their applications for both the 2024 and 2025 property tax years.
For more information on Gov. Kelly Armstrong's announcements, visit www.governor.nd.gov/news.
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