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Bill > S184


NC S184

NC S184
System Development Fees/Exemption


summary

Introduced
02/26/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

AN ACT GRANTING LOCAL GOVERNMENT UNITS THE AUTHORITY TO EXEMPT PROPERTY BEING DEVELOPED FOR AFFORDABLE HOUSING FROM SYSTEM DEVELOPMENT FEES.

AI Summary

This bill amends North Carolina General Statute 162A-203 to grant local government units and joint agencies the authority to exempt properties being developed for affordable housing from system development fees (SDFs). System development fees are charges imposed by local governments to help cover the costs of expanding or upgrading water and sewer infrastructure when new developments are added to the system. The bill requires that if a local government chooses to provide such an exemption, they must establish clear criteria for determining which parcels qualify as affordable housing. The new provision allows local governments more flexibility in promoting affordable housing by potentially reducing the upfront infrastructure costs for developers of such properties. The legislation becomes effective immediately upon becoming law, providing local governments an immediate option to support affordable housing development by potentially waiving system development fees.

Sponsors (2)

Last Action

Ref To Com On Rules and Operations of the Senate (on 02/27/2025)

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