Gov. Burgum Signs Bill Eliminating a Percentage of Property Tax Rates

The two-year program eliminates counties' ability to tax for those services

 

BISMARCK, N.D. — Gov. Burgum has signed a bill eliminating a 12 percent buydown of property tax rates.

It’s part of a bill that has the state taking over social services costs for its 53 counties.

The two-year program eliminates counties’ ability to tax for those services.

In exchange, the legislation ended the so-called tax relief fund.

Burgum says it’s more cost-effective than the buydown program.

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