Tax rules would apply home credits after early-payment discounts

The primary residence credit would reduce the remaining property tax after other listed exemptions, credits, and discounts are applied. The rule covers parcels of primary residential property that qualify for the primary residence credit. The credit applies only after reductions allowed under the cited chapter and applicable discounts. The provision would apply to taxable years beginning after December 31, 2025.

County treasurers would allow a five percent discount when taxpayers pay all covered real estate taxes for a year by February 15. The discount covers general real estate taxes for state and local taxing districts, but not personal property taxes or special-assessment installments. The discount would be subject to the exception in section 57-20-21.1. The discount would be applied before a primary residence credit. A county commission could extend the discount period by 30 days if it finds an emergency caused by weather or another catastrophe. The rule would apply to taxable years beginning after December 31, 2025, with the regular payment deadline on or before February 15 before delinquency.

County treasurers would allow a five percent discount on a mobile home's yearly tax when the full amount is paid by February 15. The rule covers taxes imposed on mobile homes, including homes bought or first moved into North Dakota during the year. The discount would be applied before a primary residence credit. For a newly purchased or newly moved mobile home, paying within 30 days would qualify for a five percent discount. If that tax is unpaid within 40 days, a one percent penalty and one-half percent monthly interest would apply. The provision would apply to taxable years beginning after December 31, 2025; the tax is due January 10 or 10 days after purchase or first move into the state.