SB 695

North Carolina Senate bill in Session 2025.

Status: enacted. Latest action: June 22, 2026.

Incent Development Finance District Funding.

Bill ID NC-2025-SB-695
Session 2025
Status enacted
Senate enacted 2026-06-22
Tax / Budget / Appropriations
Summary

AN ACT TO GROW THE PROPERTY TAX BASE OF UNITS OF LOCAL GOVERNMENT BY FACILITATING PRIVATE DEVELOPER INVOLVEMENT IN CERTAIN PROJECT DEVELOPMENTS. SL 2026-12. Enacted June 22, 2026. Effective for taxes imposed for taxable years beginning on or after July 1, 2027.

Sponsor
Todd Johnson
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-03-25 Introduced Bill introduced
2026-06-22 Status enacted
2026-06-22 Latest Action Ch. SL 2026-12
More Bills From This Sponsor
SB 1001
Coastal Regulatory Reform.
in_committee • Senate
SB 801
Address Confidentiality/Study & DL.
in_committee • Senate
SB 401
NC Farm Act of 2025-2026.
enacted • Senate
SB 1009
Repeal Hardened Structure Ban.
in_committee • Senate
SB 587
Wake Surfing Safely.
in_committee • Senate
SB 1008
Pilot for Shoreline Stabilization Projects.
in_committee • Senate
More Bills In This Topic
SB 595
Various Revenue Laws Changes.
unknown • Senate
SB 992
Truth in Taxation.
unknown • Senate
HB 1040
Pitt-Greenville Airport Authority Changes.
in_committee • House
HB 1215
Garner Town Mgr./Settle Claims.
in_committee • House
HB 920
Virtual Currency Kiosk Consumer Prot. Act.
in_committee • House
SB 1076
Rocky Mount/Louisburg Utility Rev./Advisory.
in_committee • Senate
Related Topics
Education
99 shared bills
Business / Commerce
36 shared bills
Public Safety
34 shared bills
Healthcare
33 shared bills
Infrastructure / Utilities
25 shared bills
Same Topic Bills From Other States
SB 160
Reckless Stunt Driving; a motor vehicle involved in a second offense of reckless stunt driving; replace the forfeiture penalty
Georgia • 1033 • enacted
HB 4028
Relating to sales tax on construction materials
West Virginia • 2026RS • enacted
HB 381
An Act relating to the taxation of certain natural gas project property and related facilities; relating to local contributions for public school funding; relating to municipal property taxes; relating to the Alaska Gasline Development Corporation and funds of the Alaska Gasline Development Corporation; relating to reporting requirements for natural gas pipeline projects; creating the Alaska affordable heating fuel fund; relating to approval of contracts by the Regulatory Commission of Alaska and inflation adjustment of the maximum price of natural gas; establishing an income tax on certain entities producing or transporting oil or gas in the state; relating to an alternative volumetric tax on natural gas throughput; relating to a municipal impact grant program and fund; relating to agreements and a payment related to a natural gas project; and providing for an effective date.
Alaska • 34 • enacted
HB 6131
Public utilities: rates; disclosure of uses of increased revenue; require to be provided with rate increase requests.
Michigan • 2025-2026 • in_committee
HB 2
Subtraction Modification - Public Safety Retirement Income
Maryland • 2026 • introduced
SB 76
License Plates; specialty license plate benefitting the Georgia Veterans Service Foundation; establish
Georgia • 1033 • enacted