North Carolina 2025-2026 Regular Session

North Carolina Senate Bill S349

Introduced

3/19/25

Refer

3/20/25

Property Tax Modifications

No companion bills found.

Permits eligible claimant who is proportionate owner paying entire property tax bill to collect entire homestead property tax reimbursement amount.

Permits eligible claimant who is proportionate owner paying entire property tax bill to collect entire homestead property tax reimbursement amount.

Property tax provisions modified, and identification requirements for homestead determination modified.

Rescinding a Homestead Exemption Application

Prohibits homestead property tax rebates and credits and ANCHOR property tax benefits from being paid to property owners who move out of State.

Assessment of Homestead Property

Converts senior freeze reimbursement into credit applied directly to property tax bills.

Converts senior freeze reimbursement into credit applied directly to property tax bills.