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NC H905

Bill

Official Source

Status

Introduced

4/24/2024

Primary Sponsor

Bill Ward

Click for details

Origin

House of Representatives

2023-2024 Session

AI Summary

  • Exempts motor vehicles owned by persons with a 100% disability rate (as determined by the U.S. Department of Veterans Affairs) from local taxation in North Carolina
  • Adds the exemption as item (10) to the exceptions listed in G.S. 105-330.1(b), which specifies vehicles not classified for taxation purposes
  • Becomes effective January 1, 2025, and applies only to motor vehicles registered on or after that date
  • Sponsored by Representatives Ward, Cleveland, and Goodwin
  • Referred to Finance, Rules, Calendar, and Operations of the House committees

Legislative Description

Disabled Veteran Motor Vehicle Tax Exemption

Property; Veterans

Last Action

Ref to the Com on Finance, if favorable, Rules, Calendar, and Operations of the House

4/25/2024

Committee Referrals

Finance4/25/2024

Full Bill Text

No bill text available