NC S370

Increases the disabled veteran property tax homestead exclusion from $45,000 to $65,000 of appraised value for permanent residences owned and occupied by honorably discharged disabled veterans or their unmarried surviving spouses.

Applies to North Carolina residents who own and occupy their primary residence and meet the veteran disability requirements.

Owners receiving this exclusion remain ineligible for other property tax relief programs.

Effective for taxable years beginning on or after July 1, 2011.