| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | GENERAL ASSEMBLY OF NORTH CAROLINA | |
| 2 | 2 | SESSION 2025 | |
| 3 | - | S 1 | |
| 4 | - | SENATE BILL 143 | |
| 3 | + | S D | |
| 4 | + | SENATE BILL DRS15059-NIf-72 | |
| 5 | + | ||
| 5 | 6 | ||
| 6 | 7 | ||
| 7 | 8 | Short Title: Disabled Veteran Property Tax Exemption. (Public) | |
| 8 | 9 | Sponsors: Senator Hanig (Primary Sponsor). | |
| 9 | - | Referred to: | |
| 10 | - | ||
| 11 | - | * | |
| 10 | + | Referred to: | |
| 11 | + | ||
| 12 | + | *DRS15059 -NIf-72* | |
| 12 | 13 | A BILL TO BE ENTITLED 1 | |
| 13 | 14 | AN ACT TO EXPAND THE DISABLED VETERAN PROPERTY TAX HOMESTEAD 2 | |
| 14 | 15 | EXCLUSION. 3 | |
| 15 | 16 | The General Assembly of North Carolina enacts: 4 | |
| 16 | 17 | SECTION 1. G.S. 105-277.1C reads as rewritten: 5 | |
| 17 | 18 | "§ 105-277.1C. Disabled veteran property tax homestead exclusion. 6 | |
| 18 | 19 | (a) Classification. – A permanent residence owned and occupied by a qualifying owner 7 | |
| 19 | 20 | is designated a special class of property under Article V, Section 2(2) of the North Carolina 8 | |
| 20 | 21 | Constitution and is taxable in accordance with this section. The first forty-five thousand dollars 9 | |
| 21 | 22 | ($45,000) of appraised value of the residence is excluded from taxation. A qualifying owner who 10 | |
| 22 | 23 | receives an exclusion under this section may not receive other property tax relief. 11 | |
| 23 | 24 | …." 12 | |
| 24 | 25 | SECTION 2. This act is effective for taxes imposed for taxable years beginning on 13 | |
| 25 | 26 | or after July 1, 2025. 14 | |
| 27 | + | FILED SENATE | |
| 28 | + | Feb 24, 2025 | |
| 29 | + | S.B. 143 | |
| 30 | + | PRINCIPAL CLERK |