AN ACT to amend and reenact section 57-02-08.9 of the North Dakota Century Code, relating to the primary residence credit; to provide for application; to provide a retroactive effective date; to provide an expiration date; and to declare an emergency.

Section number changed from 25.0308.05000 to 25.0308.06000 throughout the document.

Ownership language was clarified to allow property to be owned either directly or through a beneficial interest in a qualifying trust, removing the previous requirement that ownership must be direct or through a trust.

Bill number changed from 25.0308.04000 to 25.0308.05000, indicating a new section number in the code.

Simplified the definition of 'owned' by removing references to corporations and passthrough entities, and consolidated ownership criteria into a single paragraph.

Restructured the 'primary residence' definition to combine ownership and occupancy criteria into one streamlined paragraph.

Added a new subsection requiring the tax commissioner to design and make available all necessary application forms for the credit program.

Added retroactive effective date provisions allowing taxpayers to claim refunds for 2024 taxes even if the bill was introduced later in the year.

Modified the 'trustor' definition by removing the reference to an individual's spouse transferring property interests.