NC H341

Replaces the current flat $45,000 property tax exclusion for disabled veterans with a tiered system based on VA disability rating: $100,000 for 70%+ disability, $75,000 for 50-69%, $50,000 for 30-49%, and $25,000 for 10-29%

Expands eligibility to veterans with any service-connected disability rating (10% or higher), rather than requiring permanent and total disability or receipt of specially adapted housing benefits

Surviving spouses of disabled veterans receive the greater of the exclusion amount at the time of the veteran's death or $45,000, provided the death was service-connected

Veterans must provide VA certification of their disability rating as of January 1 preceding the tax year to qualify

Effective for taxable years beginning on or after July 1, 2025