Bill Summary for H 905 (2023-2024)

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Summary date: 

Apr 24 2024

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 905 (Public) Filed Wednesday, April 24, 2024
AN ACT TO EXEMPT FROM LOCAL TAXATION MOTOR VEHICLES OWNED BY A VETERAN WHO HAS A ONE HUNDRED PERCENT DISABILITY RATE.
Intro. by Ward, Cleveland, Goodwin.

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Bill summary

Amends GS 105-330.1 to exempt motor vehicles that are owned by a person who has a 100% disability rate, as determined by the US Department of Veterans Affairs, from the motor vehicle tax. Applies to motor vehicles registered on or after January 1, 2025.