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NC H299

Bill

Official Source

Status

Introduced

3/5/2025

Primary Sponsor

Edward Goodwin

Click for details

Origin

House of Representatives

2025-2026 Session

AI Summary

  • Increases the property tax homestead exclusion for disabled veterans from $45,000 to $54,000 of appraised home value
  • Applies to permanent residences owned and occupied by qualifying disabled veteran owners
  • Qualifying owners receiving this exclusion remain ineligible for other property tax relief programs
  • Effective for taxable years beginning on or after July 1, 2025

Legislative Description

Increase Disabled Veteran Prop Tax Benefit

Public

Last Action

Ref to the Com on Homeland Security and Military and Veterans Affairs, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House

3/6/2025

Committee Referrals

Homeland Security, Military, and Veterans Affairs3/6/2025

Full Bill Text

No bill text available