County Social Services Pilot Project Would Begin The Phase-Out Of The 12% Property Tax Credit
As long-predicted, the legislature has begun the process of digging out of the "property tax relief" policy that has been in place for a decade.
For years, the state legislature has spent state tax dollars specifically to offset local property taxes. And for years the line has been "we are providing property tax relief while we work on property tax reform".
It appears that the "relief" portion of that equation will soon start being phased out as has long been predicted.
So says the Bismarck Tribune's political reporter, Nick Smith:
Aiming to thwart growing dissonance with what to do with a proposed state takeover of social services, House members looked at a compromise Monday that would enact the program as a two-year pilot project.
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The proposal is estimated to have a $161 million price tag, with the dollars coming from the $300 million set aside in the Tax Relief Fund for property tax relief.
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If SB2206 were passed by the full Legislature, the remaining $139 million would be used to help…
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