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NC H100

Bill

Official Source

Status

Introduced

2/11/2025

Primary Sponsor

Reece Pyrtle

Click for details

Origin

House of Representatives

2025-2026 Session

AI Summary

  • Undeveloped land acquired by religious organizations becomes exempt from property taxes for up to 5 years when contiguous to existing tax-exempt religious property
  • Exemption limited to undeveloped land not exceeding 200% of the contiguous land already owned and exempt by the religious agency
  • Religious organizations must certify they will begin using the land exclusively for religious purposes or begin development for religious use within 5 years
  • Failure to meet certification requirements subjects the land to discovery and back taxes under G.S. 105-312
  • Effective for taxable years beginning on or after July 1, 2026

Legislative Description

Expand Religious Property Tax Exemption

Public

Last Action

Re-ref Com On Finance

3/12/2025

Committee Referrals

Finance3/12/2025
Housing and Development2/12/2025

Full Bill Text

No bill text available