SB 128

North Carolina Senate bill in Session 2025.

Status: in_committee. Latest action: February 24, 2025.

Heroes Homestead Act.

Bill ID NC-2025-SB-128

Session 2025

Status in_committee

Committee Rules and Operations of the Senate

Senate in_committee 2025-02-24

Tax / Budget / Appropriations

Summary

Amends the disabled veteran property tax homestead exclusion (GS 105-277.1C) by increasing the amount of the exclusion to the first $76,500 of the appraised value of the veteran’s residence (was, the first $45,000 of the appraised value). Effective for taxes imposed for taxable years beginning on or after July 1, 2026.

Sponsor

Todd Johnson

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
2025-02-21	Introduced	Bill introduced
2025-02-24	Status	in_committee
2025-02-24	Latest Action	Ref To Com On Rules and Operations of the Senate

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