North Dakota House Bill HB1266

North Dakota 2025-2026 Regular Session

• Introduced: 1/13/25
• Refer: 1/13/25
• Report Pass: 2/5/25
• Refer: 2/6/25
• Report Pass: 2/25/25
• Engrossed: 2/25/25
• Refer: 3/7/25
• Report DNP: 4/14/25

Caption

The property tax credit for disabled veterans; and to provide an effective date.

Impact

The anticipated impact of HB 1266 is significant, as it directly affects disabled veterans and their families by providing financial assistance through property tax reductions. By accommodating those with varying disabilities and clarifying the eligibility of surviving spouses, the bill aims to create a more equitable environment for veterans. Furthermore, it is expected to foster an atmosphere of appreciation and support for veterans' sacrifices while enhancing their ability to maintain homeownership.

Summary

House Bill 1266 pertains to the property tax credit available for disabled veterans in North Dakota. The bill seeks to amend existing legislation to clarify the eligibility criteria for disabled veterans, defining those who qualify based on their disability rating from the United States Department of Veterans Affairs. Under the proposed changes, disabled veterans who have a service-connected disability of fifty percent or greater will be able to benefit from a tax credit applied to the taxable valuation of their homestead properties. This amendment aims to ensure that veterans and eligible surviving spouses receive adequate financial relief from property tax burdens.

Sentiment

Generally, the sentiment surrounding the bill is positive, particularly among advocates for veterans' rights and welfare. Lawmakers and advocacy groups commend the legislation for acknowledging the sacrifices made by veterans and addressing their financial needs through tax relief. However, there might be varying opinions regarding specific details, such as the evaluation process for disability ratings and the extent of benefits provided under the program.

Contention

While there seems to be broad support for the objectives of HB 1266, there could be contention related to the implementation details, including how the Department of Veterans Affairs certifies disability ratings and handles the claims for tax credits. Some legislators might express concerns over budget implications if the revised credits lead to increased claims, possibly impacting funding for other state programs. The bill's effectiveness in managing these aspects will play a crucial role in determining its overall acceptance.