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.
DISABLED VETERAN PROPERTY TAX EXEMPTION.
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| View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO EXPAND THE DISABLED VETERAN PROPERTY TAX HOMESTEAD EXCLUSION.Intro. by Hanig.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (Feb 25 2025)
Bill History:
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Mon, 24 Feb 2025 Senate: Filed(link is external)
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Tue, 25 Feb 2025 Senate: Passed 1st Reading(link is external)
S 143
Bill Summaries:
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Bill S 143 (2025-2026)Summary date: Feb 24 2025 - View Summary
View: All Summaries for Bill