NC H94

Allows disabled veterans and unmarried surviving spouses of disabled veterans to prequalify for the property tax homestead exclusion before purchasing a permanent residence

Enables taxpayers and lenders to determine tax benefit availability in advance to facilitate accurate mortgage payment calculations

Requires prequalification applications to be submitted on a Department-approved form with a copy of the veteran's disability certification or evidence of benefits under 38 U.S.C. § 2101

County assessors must notify applicants of their eligibility within 30 days of receiving a prequalification application

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