Bill Summary for S 143 (2025-2026)
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Summary date:
Feb 24 2025
Bill Information:
View NCGA Bill Details | 2025-2026 Session |
AN ACT TO EXPAND THE DISABLED VETERAN PROPERTY TAX HOMESTEAD EXCLUSION.Intro. by Hanig.
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Bill summary
Amends GS 105-277.1C, which provides for a property tax homestead exclusion for disabled veterans. Revises the exclusion to provide for a total exemption of the appraised value of the residence.
Effective for taxable years beginning on or after July 1, 2025.