NC S519

Property zoned to permit a particular activity may not be reappraised at a greater value solely due to such zoning unless the owner actually engages in the permitted activity.

Applies to county reappraisals conducted during the octennial cycle under G.S. 105-286(a).

Municipal taxation provisions are subject to the same zoning use reappraisal limitation when applying county appraisals and assessments.

Effective when the bill becomes law and applies to all reappraisals occurring after January 1, 2024.