North Dakota’s new governor has outlined a plan he said could eventually eliminate property taxes in the state.
During his first State of the State address on Jan. 7, Gov. Kelly Armstrong—in office since Dec. 15—told lawmakers that the state has accumulated enough revenue from oil production taxes in the state’s Legacy Fund to offer tax relief to most of North Dakota’s homeowners.
Armstrong said that if the legislature approves, property tax relief will come courtesy of HB 1176, introduced in the state House of Representatives on Jan. 7.
Joe Morrissette, director of the Office of Management and Budget for North Dakota, said voters have been concerned about property tax increases….