A BILL TO BE ENTITLED
AN ACT to eliminate property taxes for veterans receiving compensation for a permanent and total service‑connected disability.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑175(21) reads as rewritten:
"§ 105‑275.  Property classified and excluded from the tax base.
The following classes of property are hereby designated special classes under authority of Article V, Sec. 2(2), of the North Carolina Constitution and shall not be listed, appraised, assessed, or taxed:
…
(21)	Real and personal property belonging to a disabled veteran who receives benefits under 38 U.S.C. § 2101.."
SECTION 2.  This act is effective for taxes imposed for taxable years beginning on or after July 1, 2007.