North Carolina House bill in Session 2025.
Status: in_committee. Latest action: April 14, 2025.
Elderly/Disabled Prop. Tax Mods.
Modifies the elderly or disabled property tax homestead exclusion under GS 105-277.1 as follows . Changes the exclusion amount to 100% of the appraised value of the residence (currently, the greater of $25,000 or 50% of the appraised value of the residence). Increases the age a person can become a qualifying owner from 65 years of age to 70 years of age. Removes the requirement that the person have an income for the preceding calendar year of not more than the income eligibility limit. Makes conforming changes.
| Date | Event | Detail |
|---|---|---|
| 2025-04-10 | Introduced | Bill introduced |
| 2025-04-14 | Status | in_committee |
| 2025-04-14 | Latest Action | Ref to the Com on Finance, if favorable, Rules, Calendar, and Operations of the House |