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Sb 2315 - reborn after house gutting!
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<blockquote data-quote="dustit" data-source="post: 258220" data-attributes="member: 6646"><p>Fritz, I'm pretty sure that SB 2360 has relaxed the rules for the farm home exemption, otherwise the affected people would be up in arms. It reduced the years able to look back from 3 years to 2 years. It also changed the required amount of income from farming to qualify for the exemption levels from 50 percent of net income to 66 percent of gross income.</p><p></p><p><a href="https://www.legis.nd.gov/assembly/66-2019/documents/19-1117-03000.pdf" target="_blank">https://www.legis.nd.gov/assembly/66-2019/documents/19-1117-03000.pdf</a></p><p></p><p><a href="https://www.agweek.com/opinion/columns/4568653-nd-legislature-takes-trespassing-tax-exemptions-grain-buyers" target="_blank">https://www.agweek.com/opinion/columns/4568653-nd-legislature-takes-trespassing-tax-exemptions-grain-buyers</a></p><p></p><p><a href="https://www.theminutemanblog.com/2019/03/18/drivers-license-fee-increases-a-new-lodging-tax-the-property-tax-shift/" target="_blank">https://www.theminutemanblog.com/2019/03/18/drivers-license-fee-increases-a-new-lodging-tax-the-property-tax-shift/</a></p><p></p><p>From a quick view I would say it is now easier for someone to qualify leaving the tax burden for others to make up. When you polish a turd it is still a turd!</p><p></p><p>If this wasn't a good bill for the "interested parties" I'm pretty sure the ones who sponsored it wouldn't have done so or acted on the behalf of the cronies at NDFB and Daryl Lies.</p><p></p><p>This is even comical, quoted from the link below...."In addition to SB 2192, the House also passed <a href="https://www.legis.nd.gov/assembly/66-2019/bill-index/bi2360.html" target="_blank">Senate Bill 2360</a> today. I’ll leave the details up to you, but in a nutshell it raised the property tax exemptions for farmers. On the surface, this will sound wonderful to some— especially those who benefit from it. But as Rep. Ben Koppelman (R – District 16) explained, exemptions like this are simply tax shifts. And with increases like those found in the bill, the shift will be even greater. <strong>What’s interesting about this vote is that Rep. Clayton Fegley (R – District 4) attempted to declare a conflict of interest — because he’s a farmer — but Speaker of the House Lawrence Klemin (R – District 47) denied Fegley’s request to be exempt from voting. Why? Because with the number of farmers in the legislature, Klemin said there likely wouldn’t have been enough members to actually hold a vote if such a conflict was acknowledged— a fascinating admission.</strong></p><p></p><p><a href="https://www.theminutemanblog.com/2019/03/18/drivers-license-fee-increases-a-new-lodging-tax-the-property-tax-shift/" target="_blank">https://www.theminutemanblog.com/2019/03/18/drivers-license-fee-increases-a-new-lodging-tax-the-property-tax-shift/</a></p><p></p><p>"According to the fiscal note prepared by Kathy Strombeck at the North Dakota Tax Commissioner’s Office, “If enacted, engrossed SB 2360 may result in additional residences qualifying for property tax exemptions, primarily due to the repeal of the limitation on allowable non-farm income. Additionally, the switch from net to gross income may also enable additional residences to qualify as exempt farm residences. The number and value of additional residences that may become exempt under the provisions of engrossed SB 2360 is not known.”</p><p></p><p><a href="https://www.newrockfordtranscript.com/story/2019/03/11/news/ag-week-ag-related-bills-to-watch-this-session/2444.html" target="_blank">https://www.newrockfordtranscript.com/story/2019/03/11/news/ag-week-ag-related-bills-to-watch-this-session/2444.html</a></p></blockquote><p></p>
[QUOTE="dustit, post: 258220, member: 6646"] Fritz, I'm pretty sure that SB 2360 has relaxed the rules for the farm home exemption, otherwise the affected people would be up in arms. It reduced the years able to look back from 3 years to 2 years. It also changed the required amount of income from farming to qualify for the exemption levels from 50 percent of net income to 66 percent of gross income. [URL]https://www.legis.nd.gov/assembly/66-2019/documents/19-1117-03000.pdf[/URL] [URL]https://www.agweek.com/opinion/columns/4568653-nd-legislature-takes-trespassing-tax-exemptions-grain-buyers[/URL] [URL]https://www.theminutemanblog.com/2019/03/18/drivers-license-fee-increases-a-new-lodging-tax-the-property-tax-shift/[/URL] From a quick view I would say it is now easier for someone to qualify leaving the tax burden for others to make up. When you polish a turd it is still a turd! If this wasn't a good bill for the "interested parties" I'm pretty sure the ones who sponsored it wouldn't have done so or acted on the behalf of the cronies at NDFB and Daryl Lies. This is even comical, quoted from the link below...."In addition to SB 2192, the House also passed [URL="https://www.legis.nd.gov/assembly/66-2019/bill-index/bi2360.html"]Senate Bill 2360[/URL] today. I’ll leave the details up to you, but in a nutshell it raised the property tax exemptions for farmers. On the surface, this will sound wonderful to some— especially those who benefit from it. But as Rep. Ben Koppelman (R – District 16) explained, exemptions like this are simply tax shifts. And with increases like those found in the bill, the shift will be even greater. [B]What’s interesting about this vote is that Rep. Clayton Fegley (R – District 4) attempted to declare a conflict of interest — because he’s a farmer — but Speaker of the House Lawrence Klemin (R – District 47) denied Fegley’s request to be exempt from voting. Why? Because with the number of farmers in the legislature, Klemin said there likely wouldn’t have been enough members to actually hold a vote if such a conflict was acknowledged— a fascinating admission.[/B] [URL]https://www.theminutemanblog.com/2019/03/18/drivers-license-fee-increases-a-new-lodging-tax-the-property-tax-shift/[/URL] "According to the fiscal note prepared by Kathy Strombeck at the North Dakota Tax Commissioner’s Office, “If enacted, engrossed SB 2360 may result in additional residences qualifying for property tax exemptions, primarily due to the repeal of the limitation on allowable non-farm income. Additionally, the switch from net to gross income may also enable additional residences to qualify as exempt farm residences. The number and value of additional residences that may become exempt under the provisions of engrossed SB 2360 is not known.” [URL]https://www.newrockfordtranscript.com/story/2019/03/11/news/ag-week-ag-related-bills-to-watch-this-session/2444.html[/URL] [/QUOTE]
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