| 8 | | - | Sponsors: Representatives Paré, Goodwin, Balkcom, and Chesser (Primary Sponsors). |
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| 9 | | - | For a complete list of sponsors, refer to the North Carolina General Assembly web site. |
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| 10 | | - | Referred to: Homeland Security and Military and Veterans Affairs, if favorable, Finance, if |
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| 11 | | - | favorable, Rules, Calendar, and Operations of the House |
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| 12 | | - | February 12, 2025 |
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| 13 | | - | *H94-v-1* |
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| 9 | + | Sponsors: Representative Paré. |
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| 10 | + | Referred to: |
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| 11 | + | |
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| 12 | + | *DRH40072 -NIf-35* |
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| 14 | 13 | | A BILL TO BE ENTITLED 1 |
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| 15 | 14 | | AN ACT TO ALLOW DISABLED VETERANS TO PREQUALIFY FOR THE DISABLED 2 |
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| 16 | 15 | | VETERAN PROPERTY TAX HOMESTEAD EXCLUSION. 3 |
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| 17 | 16 | | The General Assembly of North Carolina enacts: 4 |
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| 18 | 17 | | SECTION 1. G.S. 105-277.1C reads as rewritten: 5 |
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| 19 | 18 | | "§ 105-277.1C. Disabled veteran property tax homestead exclusion. 6 |
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| 20 | 19 | | … 7 |
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| 21 | 20 | | (f) Application. – An application for the exclusion allowed under this section should be 8 |
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| 22 | 21 | | filed during the regular listing period, but may be filed and must be accepted at any time up to 9 |
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| 23 | 22 | | and through June 1 preceding the tax year for which the exclusion is claimed. An applicant for 10 |
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| 24 | 23 | | an exclusion under this section must establish eligibility for the exclusion by providing a copy of 11 |
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| 25 | 24 | | the veteran's disability certification or evidence of benefits received under 38 U.S.C. § 2101. An 12 |
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| 26 | 25 | | assessor may accept the prequalification notice under subsection (g) of this section to establish 13 |
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| 27 | 26 | | eligibility for the exclusion provided in this section in lieu of a veteran's disability certification 14 |
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| 28 | 27 | | or evidence of benefits received under 38 U.S.C. § 2101. 15 |
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| 29 | 28 | | (g) Prequalification. – A disabled veteran or the surviving spouse of a disabled veteran 16 |
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| 30 | 29 | | who has not remarried may apply for prequalification of the property tax relief provided by this 17 |
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| 31 | 30 | | section notwithstanding that the disabled veteran or the surviving spouse of a disabled veteran 18 |
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| 32 | 31 | | who has not remarried is not an owner of a permanent residence at the time that the application 19 |
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| 33 | 32 | | for prequalification is submitted. It is the intent of the General Assembly to allow taxpayers and 20 |
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| 34 | 33 | | lenders to determine, in advance of the purchase of a primary residence, the availability of the 21 |
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| 35 | 34 | | tax benefit provided by this section in order to facilitate omitting exempted amounts from 22 |
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| 36 | 35 | | determinations of payment calculations. An application for prequalification under this subsection 23 |
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| 37 | 36 | | may be filed at any time, must be submitted on a form approved by the Department, and must be 24 |
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| 38 | 37 | | accompanied by a copy of the veteran's disability certification or evidence of benefits received 25 |
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| 39 | 38 | | under 38 U.S.C. § 2101. Application forms under this subsection must be made available by the 26 |
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| 40 | 39 | | assessor. Upon receipt of an application under this subsection, the assessor of the county in which 27 |
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| 41 | 40 | | the application is filed must notify the applicant of the applicant's qualification for eligibility for 28 |
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| 42 | 41 | | property tax relief under this section within 30 days. Upon purchasing a permanent residence, an 29 |
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| 43 | 42 | | applicant who has received prequalification under this subsection must apply for the property tax 30 |
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| 44 | 43 | | relief provided by this section as required under subsection (f) of this section." 31 |
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| 45 | 44 | | SECTION 2. This act is effective for taxes imposed for taxable years beginning on 32 |
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| 46 | 45 | | or after July 1, 2025. 33 |
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