Bill to expand Renaissance Zone program goes to Gov. Burgum
Renaissance Zone projects receive up to five years of tax breaks, but do continue to pay property taxes on the land value during the exemption period.
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Renaissance Zone projects receive up to five years of tax breaks, but do continue to pay property taxes on the land value during the exemption period.
The 1999 Legislature created the Renaissance Zone Program. More than 1,500 projects have been completed under the program.
The bill would impact cities such as Bismarck, whose Renaissance Zone expired last year when the Burleigh County Commission denied support to reauthorize the program.
The bill would impact cities such as Bismarck, whose Renaissance Zone expired last year when the Burleigh County Commission denied support to reauthorize the program.
The bill would impact cities such as Bismarck, whose Renaissance Zone expired last year when the Burleigh County Commission denied support to reauthorize the program.