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Message: <blockquote data-quote="BDub" data-source="post: 375040" data-attributes="member: 448"><p><h2>Homestead Property Tax Credit Program Changes for 2023</h2><p>Post Date:06/08/2023 9:30 am</p><p>On April 27, 2023, Governor Doug Burgum signed House Bill 1158 into law. This legislation broadens the eligibility requirements and maximum reduction amounts for those applying for the North Dakota Homestead Property Tax Credit program. This program is aimed at homeowners 65 years of age and older or those who are permanently and totally disabled.</p><p>Income changes to the Homestead Credit for Tax Year 2023:</p><table style='width: 100%'><tr><td><p style="text-align: center">If your income is:</p> </td><td><p style="text-align: center">Taxable value is reduced by:</p> </td><td><p style="text-align: center">Maximum reduction of taxable value:</p> </td><td><p style="text-align: center">Maximum reduction of true & full value:</p> </td></tr><tr><td><p style="text-align: center">$0 – $40,000</p> </td><td><p style="text-align: center">100%</p> </td><td><p style="text-align: center">$9,000</p> </td><td><p style="text-align: center">$200,000</p> </td></tr><tr><td><p style="text-align: center">$40,001 – $70,000</p> </td><td><p style="text-align: center">50%</p> </td><td><p style="text-align: center">$4,500</p> </td><td><p style="text-align: center">$100,000</p> </td></tr></table></blockquote><p></p>

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