North Dakota § 17-05-12 Exemption from property taxes

North Dakota Statutes

§ 17-05-12 — Exemption from property taxes

North Dakota § 17-05-12

Title 17Energy

Ch. 17-05Transmission Authority

This text of North Dakota § 17-05-12 (Exemption from property taxes) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 17-05-12 (2026).

Text

Transmission facilities built under this chapter are exempt from property taxes for a period
determined by the authority not to exceed the first five taxable years of operation; after this initial
period, transmission lines of two hundred thirty kilovolts or larger and the transmission lines'
associated transmission substations remain exempt from property taxes but are subject to a per
mile tax at the full per mile rate and subject to the same manner of imposition and allocation as
the per mile tax imposed by section 57-33.2-02 without application of the discounts provided in
that section.

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Transmission facilities built under this chapter are exempt from property taxes for a period
determined by the authority not to exceed the first five taxable years of operation; after this initial
period, transmission lines of two hundred thirty kilovolts or larger and the transmission lines'
associated transmission substations remain exempt from property taxes but are subject to a per
mile tax at the full per mile rate and subject to the same manner of imposition and allocation as
the per mile tax imposed by section 57-33.2-02 without application of the discounts provided in
that section.