By: Mary Steurer (North Dakota Monitor)
North Dakota voters defeated a measure Tuesday night that would have overhauled the state’s tax system by banning property taxes based on assessed value.
Roughly 64% of ballots were cast against the proposal in early results. The Associated Press called the race at 10:27 p.m.
Supporters characterized the voter-initiated measure as a way to give North Dakotans the meaningful property tax reform homeowners have long asked, but lawmakers have failed to deliver on.
To replace revenues lost by eliminating the tax, the proposal would have required the state to reimburse local governments every year by an amount no less than the property taxes those entities levy for the 2024 tax year.
Opponents of Measure 4 have said that the proposal would have caused funding disruptions to both local government and state services.