Amends GS 105-277.1C by increasing the appraised value of a residence than can be excluded from taxation under the disabled veteran property tax homestead exclusion, from the first $45,000 to the first $54,000 of appraised value. Effective for taxes imposed for taxable years beginning on or after July 1, 2025.
INCREASE DISABLED VETERAN PROP TAX BENEFIT.
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View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO INCREASE THE DISABLED VETERAN PROPERTY TAX HOMESTEAD EXCLUSION.Intro. by Goodwin, Winslow, Pike, Carson Smith.
Status: Ref to the Com on Homeland Security and Military and Veterans Affairs, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House (House action) (Mar 6 2025)
Bill History:
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Wed, 5 Mar 2025 House: Filed(link is external)
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Thu, 6 Mar 2025 House: Passed 1st Reading(link is external)
H 299
Bill Summaries:
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Bill H 299 (2025-2026)Summary date: Mar 5 2025 - View Summary
View: All Summaries for Bill