§ 57-33.2-05 — Taxes in lieu of property taxes

North Dakota § 57-33.2-05

• Jurisdiction: North Dakota
• Title 57: Taxation
• Ch. 57-33.2: Electric Generation, Distribution, and Transmission Taxes

Text

Taxes imposed by the state board of equalization under this chapter are taxes upon the
privilege of doing business in this state and are in lieu of all real or personal property taxes
levied by the state or any of its political subdivisions upon real or personal property to the extent
the property is owned and used by a company in the operation and conduct of the business of
generation or delivery of electricity through distribution or transmission lines. Taxes under this
chapter are not in lieu of property taxes on the following:
1. Property taxes on land on which generation, transmission, or distribution buildings,
structures, or improvements are located, including buildings, structures, or
improvements used for administrative purposes relating to generation, transmission, or
distribution of electricity.
2. City franchise fees on public utilities.
This chapter does not abridge the power of a governing board of a city to franchise the
construction and operation of a public utility.