In 2012, an effort, Started Measure dos, seemed to the June 12 ballot

In 2012, an effort, Started Measure dos, seemed to the June 12 ballot

New scale are outdone having % from voters against the measure. It would have eliminated property taxes and would have called for brand new county legislature to change local governments’ property tax funds that have county tax revenue.

New measure is supported by a group entitled Enable the new Taxpayer molded because of the Minot, Northern Dakota citizen Robert Hale. Hale told you he modeled the brand new size towards a good 2009 legislative proposal from County Rep. Dan Ruby (R-38) to end assets taxes because the a way to obtain state funds.

The fresh new size are opposed from the Ensure that it stays Regional ND, the state Chamber of Trade, brand new North Dakota Group regarding Locations, Connection off Real estate professionals, AFL-CIO, Association from Counties, the brand new Farmer’s Commitment, additionally the Oil Council.

Vote label

bad credit payday cash loans

Blog post X of North Dakota Constitution. It can prohibit political subdivisions out-of levying people taxation into analyzed property value real otherwise private property, with the exception of the fresh commission of bonded indebtedness obtain through a particular go out, and would want the official to incorporate replacement money to help you governmental subdivisions from about the current real property tax levies. It could limit the loans out-of a political subdivision so you’re able to an number not to surpass two and another-50 % of per cent of your own full and real property value the true property regarding governmental subdivision; however, of the a vote, an incorporated town you will raise the indebtedness so you can five % and a college region you will increase the indebtedness in order to five per cent. It can make it an included town becoming in financial trouble into the an enthusiastic matter maybe not exceeding one or two % of their full and genuine really worth for water and you can sewer strategies. It would require a governmental subdivision running into indebtedness to look after annual earnings to blow the debt repayments when due and you can manage exclude a political subdivision off giving general duty bonds protected that have taxation levied into analyzed worth of assets.

This new projected fiscal impression regarding the measure was $step three.fifteen mil escalation in biennial expenditures toward county while it began with the latest 2025-2027 biennium.

Constitutional transform

The measure would https://paydayloansalaska.net/knik-river/ amend sections 1, 14, 15, and 16 and repeal sections 4, 5, 7, 9, and 10 of Article X of the North Dakota Constitution. The following underlined text would be added and struck-because of text would be deleted:

Section 1. 1. The Except since given for the subsection 2, the legislative assembly and all of governmental subdivisions will most likely not increase shall be prohibited from raising revenue to defray the expenses of the state through the levying of a any tax on the assessed value of real or personal property. 2. A political subdivision could possibly get continue to levy tax on assessed worth of real estate in case the tax is loyal with the percentage of bonded indebtedness sustained till the stop of your own 30-date several months adopting the go out which amendment is approved by the voters, up to particularly personal debt was paid off. 3. The state shall provide annual possessions taxation cash replacement payments to governmental subdivisions in the an amount comparable to no less than the new amount of income tax levied into real estate by the governmental subdivisions, leaving out taxation levied on real estate on fee out of bonded indebtedness, in season where so it modification try passed by the latest voters.

Point fourteen. step 1. Regardless of any kind of provision from the composition, and also for the reason for generating the economic growth of new condition, the introduction of its sheer info, as well as the success and welfare of the individuals, the state get point securities and employ the new proceeds thereof from the fresh new securities and also make funds to help you yourself otherwise cooperatively owned organizations to bundle, make, acquire, allow, raise, and you can increase organization getting changing absolute info to the power and you will promoting and you will providing particularly strength, also to and get actual and private possessions and you may liquid and nutrient rights required for such facilities.

Back to Homepage

go back to the top