Bill Summary for S 370 (2011-2012)

Summary date: 

Mar 17 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 370 (Public) Filed Thursday, March 17, 2011
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.

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