Bill Summary for H 489 (2023-2024)
Mar 27 2023
|View NCGA Bill Details||2023-2024 Session|
AN ACT TO INCREASE THE DISABLED VETERAN PROPERTY TAX HOMESTEAD EXCLUSION.Intro. by Winslow, Cleveland, Goodwin, Chesser.
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Amends GS 105-277.1C by increasing the appraised value of a residence than can be excluded from taxation under the disabled veteran property tax homestead exclusion, from the first $45,000 to the first $54,000 of appraised value. Effective for taxes imposed for taxable years beginning on or after July 1, 2023.