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NC S128

Bill

Status

Introduced

2/21/2025

Primary Sponsor

Benton Sawrey

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Increases the property tax homestead exclusion for disabled veterans from $45,000 to $76,500 of appraised home value
  • Applies to permanent residences owned and occupied by qualifying disabled veterans
  • Qualifying owners receiving this exclusion cannot receive other property tax relief
  • Effective for taxable years beginning on or after July 1, 2026

Legislative Description

Heroes Homestead Act

Public

Last Action

Ref To Com On Rules and Operations of the Senate

2/24/2025

Committee Referrals

Rules and Operations of the Senate2/24/2025

Full Bill Text

No bill text available