North Carolina House bill in Session 2025.
Status: in_committee. Latest action: March 27, 2025.
Revenue Neutral Rate Required.
Adds a provision to GS 159-13 (budget ordinances), specifying that for every year in which a general reappraisal of real property has been conducted in a local government, the budget ordinance of that local government will levy taxes on property for that year at the revenue-neutral tax rate set out in GS 159-11(e).
| Date | Event | Detail |
|---|---|---|
| 2025-03-26 | Introduced | Bill introduced |
| 2025-03-27 | Status | in_committee |
| 2025-03-27 | Latest Action | Ref to the Com on State and Local Government, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House |