summary
Introduced
02/10/2025
02/10/2025
In Committee
05/07/2025
05/07/2025
Crossed Over
05/07/2025
05/07/2025
Passed
Dead
Introduced Session
2025-2026 Session
Bill Summary
AN ACT TO ALLOW DISABLED VETERANS TO PREQUALIFY FOR THE DISABLED VETERAN PROPERTY TAX HOMESTEAD EXCLUSION.
AI Summary
This bill modifies North Carolina's existing law regarding property tax relief for disabled veterans by creating a prequalification process. The new provisions allow disabled veterans or their surviving spouses to apply for prequalification of the property tax homestead exclusion even before they own a permanent residence. This prequalification process enables veterans and lenders to determine in advance whether they will be eligible for the tax benefit, which can help with financial planning and mortgage calculations. To prequalify, applicants must submit a form to the county assessor along with documentation of their veteran disability status, such as a disability certification or evidence of benefits under federal law (38 U.S.C. § 2101). The county assessor must respond to the prequalification application within 30 days, and once the applicant purchases a permanent residence, they must formally apply for the property tax relief as previously required. The bill will take effect for tax years beginning on or after July 1, 2025, providing a new planning tool for disabled veterans seeking property tax relief.
Committee Categories
Budget and Finance, Government Affairs, Military Affairs and Security
Sponsors (40)
Jennifer Capps Balkcom (R)*,
Allen Chesser (R)*,
Ed Goodwin (R)*,
Erin Paré (R)*,
Eric Ager (D),
Jonathan Almond (R),
Jerry Branson (R),
Terry Brown (D),
Allen Buansi (D),
Laura Budd (D),
Deb Butler (D),
Celeste Cairns (R),
Maria Cervania (D),
Mike Colvin (D),
Allison Dahle (D),
Pricey Harrison (D),
Frank Iler (R),
Frances Jackson (D),
Ray Jeffers (D),
Keith Kidwell (R),
Donnie Loftis (R),
Tim Longest (D),
Nasif Majeed (D),
Jeff McNeely (R),
Ben Moss (R),
Howard Penny (R),
Ray Pickett (R),
Garland Pierce (D),
Rodney Pierce (D),
Lindsey Prather (D),
Renée Price (D),
Amos Quick (D),
Tim Reeder (R),
Dennis Riddell (R),
Mike Schietzelt (R),
Charles Smith (D),
Julie Von Haefen (D),
Bill Ward (R),
Donna White (R),
Matthew Winslow (R),
Last Action
Ref To Com On Rules and Operations of the Senate (on 05/07/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ncleg.gov/BillLookUp/2025/H94 |
| Analysis - Summary H94-SMSV-31(e1)-v-2 | https://dashboard.ncleg.gov/api/Services/BillSummary/2025/H94-SMSV-31(e1)-v-2 |
| Analysis - Summary H94-SMSV-16(e1)-v-3 | https://dashboard.ncleg.gov/api/Services/BillSummary/2025/H94-SMSV-16(e1)-v-3 |
| Analysis - Summary H94-SMBB-11(e1)-v-2 | https://dashboard.ncleg.gov/api/Services/BillSummary/2025/H94-SMBB-11(e1)-v-2 |
| BillText | https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H94v1.pdf |
| BillText | https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H94v0.pdf |
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