AN ACT to create and enact a new section to chapter 40‑05 of the North Dakota Century Code, relating to approval of property tax incentives granted by a city; to amend and reenact subsection 7 of section 40‑57.1‑03, section 40‑58‑20.2, subsection 2 of section 40‑63‑01, and subsection 3 of section 54‑35‑26 of the North Dakota Century Code, relating to approval of property tax incentives granted by a city and evaluation of economic development tax incentives; to provide for legislative management studies; and to provide an effective date.