HB1182 — A BILL for an Act to create and enact a new section to chapter 40‑05 of the North Dakota Century Code, relating to approval of property tax incentives granted by a city; to amend and reenact subsection 7 of section 40‑57.1‑03, section 40‑58‑20.2, and subsection 3 of section 54‑35‑26 of the North Dakota Century Code, relating to approval of property tax incentives granted by a city and evaluation of economic development tax incentives; to provide for a legislative management study; and to provide an effective date.

HB1182 — A BILL for an Act to create and enact a new section to chapter 40‑05 of the North Dakota Century Code, relating to approval of property tax incentives granted by a city; to amend and reenact subsection 7 of section 40‑57.1‑03, section 40‑58‑20.2, and subsection 3 of section 54‑35‑26 of the North Dakota Century Code, relating to approval of property tax incentives granted by a city and evaluation of economic development tax incentives; to provide for a legislative management study; and to provide an effective date. · Informed CitizenryHB1182 creates new requirements for cities granting property tax incentives on parcels expected to receive such incentives for more than five years. Under the bill, a city must send a notice of the…Open in Informed Citizenry