North Dakota HB1626 amends tax laws to allow a five percent discount for early payment of real estate taxes and specifies the order of applying.

North Dakota HB1626 amends the state's tax laws to allow a five percent discount for early payment of real estate taxes, provided the taxes are paid in full by February 15th. This discount applies to all general real estate taxes but not to personal property taxes or special assessments. The discount must be applied before any primary residence credit. In cases of emergency, the discount period can be extended by up to thirty days. The bill also specifies that if the tax is not paid within forty days, a penalty and interest will be applied.

North Dakota HB1626 amends tax laws to allow a five percent discount for early payment of real estate taxes and specifies the order of applying.

North Dakota HB1626 amends the state's tax laws to allow a five percent discount for early payment of real estate taxes, provided the taxes are paid in full by February 15th. This discount applies to all general real estate taxes but not to personal property taxes or special assessments. The discount must be applied before any primary residence credit. In cases of emergency, the discount period can be extended by up to thirty days. The bill also specifies that if the tax is not paid within forty days, a penalty and interest will be applied.