Property Tax Credit

[Pigsticker]

Pretty easy for an appraiser to tack on thousands of dollars of added value every year. It does suck having to dispute the valuation increase as well. Pretty much a death by a thousand cuts having your property taxes on unrealized gains.

*assessors, not appraisers

 

[NDSportsman]

When does this $1600 tax credit go into effect? My guess is not until 2026 tax year so we will only get $500 on this years tax bill?

 

[MSA]

In 2019 my taxes were 1,050 per year, now they're 5,500. care to take a wild guess how I voted? last year my taxes went up 700, so even with the 500 dollar "spit in the face with a smile" credit, I still paid more. I'm scared of a 1600 dollar credit because that means my taxes will be going up 1800. where does it end?

 

[double account removed]

my brother just keep votin for the same R’s the plan is to keep givin oil n ag corporations them big tax breaks n insentives n we can pick up the tab for the time being once its all paid for we will get a break ok

 

[Pheasant 54]

When does this $1600 tax credit go into effect? My guess is not until 2026 tax year so we will only get $500 on this years tax bill?

Correct

 

[johnr]

In 2019 my taxes were 1,050 per year, now they're 5,500. care to take a wild guess how I voted? last year my taxes went up 700, so even with the 500 dollar "spit in the face with a smile" credit, I still paid more. I'm scared of a 1600 dollar credit because that means my taxes will be going up 1800. where does it end?

Really bad here in Dickinson. Every place was assessed with huge value increases, plus just voting in a school bond that added on average $650 per home.
We will not be able to afford for middle to low income people to live in this city, and none of the "leadership" gives a rats ass.

 

[Wirehair]

IMO the legislature failed at "fixing property tax." Very little if any discussion on the valuation formula currently used for assessment purposes and NO discussion on the 30,000 exempt (20,000 farmsteads & 10,00 misc) properties that contribute no funding to the local subs. Throwing $$ at a problem by itself seldom fixes anything. Armstrong campaigned on property tax reform and at the end of the day provided no meaningful reform.

 

[woodduck30]

Low expectations go hand in hand with idiots.

 

[double account removed]

the state has the money let the legislaters figure it out

 

[Colt45]

The bill provides a $1,600 primary residence credit, about triple of what taxpayers get now. There’s a 3% cap on how much property taxes can be increased annually. For those opposed to the cap, there’s a provision where voters can approve a four-year exemption. We should approve the cap and I hope it shows up on the next ballot.

While there’s a cap on school districts, the Department of Public Instruction has a $30 million fund to provide gap funding for districts that come up short. There’s also funding for a disabled veterans tax credit and a renters refund.

In total about $473 million in tax relief.

Perfect? No probably not, but way better than what we had.
What really needs to change is spending on education, I believe there could easily be spending cuts, seems to me that the school system is very top heavy with "administrators", principals, AD directors, and assistants for all the above. In Bismarck is free busing and lunch for every kid, regardless of ability of the parents or family to pay. WHY????

 

[Trip McNeely]

It is not free lunch for every kid in bismarck……

 

[Fester]

It is not free lunch for every kid in bismarck……

That also came from someone who seems to be ok with what was passed.....not surprising.

 

[Zogman]

As I understand this 1600 dollars is a short term deal. After 2 years it goes back to the way it was. Am I wrong?

 

[Sparky714]

As I understand this 1600 dollars is a short term deal. After 2 years it goes back to the way it was. Am I wrong?

Good question. From what I can find it will have to be reapproved in 2027 session. "HB 1176 will need to have its appropriation reapproved by lawmakers in the 2027 legislative session, which will give lawmakers the chance to see how the legislation works and whether it is worth expanding in the 2027 legislative session."

 

[wslayer]

https://www.facebook.com/share/v/1C8nktVM9B/?mibextid=wwXIfr

Does he not sound drunk ?
Our good ole legislators

 

[Fritz the Cat]

https://www.facebook.com/share/v/1C8nktVM9B/?mibextid=wwXIfr

Does he not sound drunk ?
Our good ole legislators

Is the time stamp 4 am? Rep. Headland looks tired.

 

[Slappy]

https://www.facebook.com/share/v/1C8nktVM9B/?mibextid=wwXIfr

Does he not sound drunk ?
Our good ole legislators

Sure looks and sounds highly intoxicated.

 

[johnr]

If they give us peasants $1,600 off our huge property tax bills, will only half a boogity man show up?
We really should not take these discounts, as our children will die, grandmas will suffer, and the schools will completely crumble.

 

[tikkalover]

What’s wrong with working and drinking?

Asking for a friend

 

[1bigfokker]

Is the time stamp 4 am? Rep. Headland looks tired.

He's fucking drunk trust me.