N.D.C.C. § 57-20-07.3 — Centrally assessed company credit against payments in lieu of taxes

1. The owner, operator, or lessee of transmission lines, for which payments in lieu of
property taxes are assessed by the state board of equalization under section
57-06-17.3, is entitled to a credit against tax in the amount provided in subsection 3.
The credit for each transmission company must be allocated to the counties in the
same manner as the tax collected from that company is allocated.
2. The owner, operator, or lessee of electric transmission or distribution property, for
which payments in lieu of property taxes are assessed by the state board of
equalization under sections 57-33.2-02 or 57-33.2-03, is entitled to a credit against the
transmission or distribution tax in the amount provided in subsection 3. The credit for
each transmission or distribution company must be allocated and distributed to
counties in the same manner as the tax collected from that company is allocated.
3. The amount of credit is determined by multiplying the company's assessed tax by a
fraction, the numerator of which is the total of all formula payments calculated for the
subsequent calendar year under section 50-35-03 and the denominator of which is the
total statewide ad valorem property tax levied in the prior taxable year.
4. The tax commissioner shall annually calculate the amount of credit to which a
company is entitled under this section.
57-20-08. Tax receipts filed with county auditor - Copies retained and filed
numerically by county treasurer.
Upon the payment of any tax, if directed by the board of county commissioners, the county
treasurer shall give to the county auditor a receipt therefor showing the name and post -office
address of the person who paid the tax, the amount and date of payment, the land, lot, or other
property upon which the tax is levied, according to the description on the tax list, or in some
other sufficient manner, and the year or years for which the tax was levied. If for current taxes
on real estate, the receipt must have written or stamped across its face "taxes for" (giving the
year in figures) or "first installment taxes" (giving the year in figures) or "second installment
taxes" (giving the year in figures), as the case may be. Each year's tax must be on a separate
receipt. If the county treasurer has given notice of tax lien for land and the tax lien has not been
foreclosed, the receipt for such taxes must have written or stamped across the face "tax lien",
with a statement of the years for which any of the real estate described therein is subject to a
tax lien. If directed by the board of county commissioners, the treasurer shall provide receipts at
the end of each day to the county auditor, who shall file and preserve them in the auditor's office
charging the treasurer with the amount thereof. A copy of each receipt must be preserved in the
office of the county treasurer and filed in numerical order.