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Published January 30, 2013, 09:26 PM

New Bill Would Provide Tax Relief for Renters

Those who pay rent in North Dakota could get some relief if they're eligible for an income tax credit. That's if a bill introduced to the legislature on Monday by Grand Forks area lawmakers were to pass.

Those who pay rent in North Dakota could get some relief if they're eligible for an income tax credit. That's if a bill introduced to the legislature on Monday by Grand Forks area lawmakers were to pass.

The proposed tax credit for renters would be worth up to $360, and not all renters would be able to claim the credit. But local lawmakers say it's a step in the right direction for North Dakota and something this area has needed for a long time. The state has provided hundreds of millions of dollars to property owners but local leaders feel only a certain portion of the population is benefiting.

Bret Weber, Grand Forks City Council, "I would hope that our legislators wouldn't consider renters to somehow be less deserving of tax relief than the other members of our community." Currently half the city's population are renters and half of renters spend 30 percent or more of their income on rent and utilities. Previous landlords believe, however, that a relief on renters might just make those they're paying hike up the price. Those living in nursing homes, long-term care facilities, college dormitories or subsidized housing would be unable to receive renters relief.

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