A BILL for an Act to create and enact a new subsection to section 57-02-08 of the North Dakota Century Code, relating to a property tax exemption for property owned by a charitable organization and used for equine events; and to provide an effective date.

SB 2312 would create a property tax exemption in North Dakota for land owned by charitable organizations and used primarily for non-profit equine events, such as horse shows or competitions. This exemption would apply to taxable years beginning after December 31, 2024, directly benefiting qualifying charitable groups that host these events. The bill adds a new provision to the state tax code specifying that such property is exempt from property taxation. It does not change existing tax rules for for-profit equine businesses or other property uses. The bill failed to pass in committee and was rejected during floor debate in February 2025.