The Taylor Property Tax Relief Plan - KXNet - Bismarck/Minot/Williston/Dickinson

After last week's primary it appears property taxes are here to stay.

Today the Democratic candidate for North Dakota Governor announces his plan for a little tax relief.

The Taylor plan includes 3 components--residential property tax reduction, agricultural property tax credit for farms and a renter's credit. 

Ryan Taylor's proposal calls for a $100-thousand residential property tax reduction.

That same reduction would apply to farm property.

The Taylor Plan also includes relief for those renting.

Renters could receive up to 900 a year, through an income tax credit.

Taylor says state money shouldn't be sitting in a surplus fund, but be put to use throughout the state.

(Ryan Taylor / Democratic Candidate for Governor) "Quality of life is something that we are going to protect and preserve throughout North Dakota and these services that are funded by property tax are part of our quality of life in North Dakota. This is what makes North Dakota home, these services that you have, the quality of the roads that you drive the schools that your children go to. The services that your father, mother, grandmother or grandfather as a senior citizen or as a veteran. This is what makes North Dakota home and we cannot let that go by the way side."

The estimated cost of Taylor's proposal, for both residential and farm property tax relief, is $254 million a year.

Currently, Governor Jack Dalrymple is looking at different options with legislators and getting input from residents to recommend a property tax relief plan going into next session.