The definition of residential property; and to provide an effective...
A BILL for an Act to amend and reenact subsection 12 of section 57-02-01 of the North Dakota Century Code, relating to the definition of residential property; and to provide an effective date.
This bill proposes to change the definition of "residential property" in North Dakota's laws. Specifically, it aims to amend subsection 12 of section 57-02-01 of the North Dakota Century Code. If passed, it would affect anyone who owns, rents, or is involved in residential property transactions in North Dakota, potentially altering property assessments, taxes, and related regulations.
The bill has passed the House and was received by the Senate on January 28, 2025. As of March 7, 2025, the Senate committee reported back that it should not pass. On March 10, 2025, the Senate failed to pass the bill during its second reading, with 0 votes in favor and 45 against. This means the bill has not yet become law and remains under review.
Key actions include the bill's introduction on January 13, 2025, committee hearings on January 23 and February 17, and various readings and votes in both the House and Senate. Despite passing in the House, it has not yet received approval from the Senate, and there are currently no further scheduled actions.