Bill Summary for S 370 (2011-2012)
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Summary date:
Mar 17 2011
Bill Information:
View NCGA Bill Details(link is external) | 2011-2012 Session |
TO INCREASE THE DISABLED VETERAN PROPERTY TAX HOMESTEAD EXCLUSION.Intro. by Tillman, Soucek.
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Bill summary
As title indicates, amends GS 105-277.1C to increase the exclusion from the first $45,000 to the first $65,000 of the appraised value of the residence. Effective for taxable years beginning on or after July 1, 2011.