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Governor signs bill expanding tax credit to 3,900 more North Dakota homes, saving up to $1.9M.
Governor Kelly Armstrong signed Senate Bill 2201, expanding North Dakota's $500 primary residence tax credit to include homes held by trust, life estates, and properties under contract for deed, benefiting about 3,900 additional residences.
The bill, passed unanimously, will save taxpayers up to $1.9 million in the next two budget cycles.
The emergency clause allows immediate application for newly eligible residents.
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Gobernador firma proyecto de ley que amplía el crédito fiscal a 3.900 casas más de Dakota del Norte, ahorrando hasta $1.9M.