North Dakota Farm Bureau endorses Measure 4, a property tax elimination proposal, facing opposition from ND Farmers Union over revenue replacement concerns.
The North Dakota Farm Bureau has endorsed Measure 4, which seeks to eliminate property taxes based on assessed value, arguing it will enhance property rights and stimulate the economy. The proposal faces opposition from the North Dakota Farmers Union, which supports tax relief but warns of the lack of a revenue replacement plan. If passed, Measure 4 could cost the state an estimated $3.15 billion for the 2025-2027 biennium, with implications for local government funding.
September 16, 2024
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