North Dakota's November ballot proposes eliminating property taxes based on assessed value.

North Dakota's November ballot includes a proposal to eliminate property taxes based on assessed value, which could impact the state's annual revenue and disrupt local governments, primarily affecting taxes on agricultural, commercial, and infrastructure properties. Critics argue the proposal lacks a funding plan to replace lost revenue, potentially leading to economic instability and disparities between urban and rural communities. Proponents believe it would reduce homeowner tax burden and attract new businesses.

August 19, 2024
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