Bill Summary for S 230 (2025-2026)
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Summary date:
Mar 5 2025
Bill Information:
View NCGA Bill Details | 2025-2026 Session |
AN ACT TO INCREASE THE INCOME ELIGIBILITY LIMIT OF THE ELDERLY OR DISABLED PROPERTY TAX HOMESTEAD EXCLUSION.Intro. by Ford.
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Bill summary
Identical to S135, filed 2/24/25.
Starting for the tax year that begins on July 1, 2025, increases the base amount of the income eligibility limit under the elderly or disabled property tax homestead exclusion (GS 105-277.1) from $25,000 to $48,000. Makes conforming change.