GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2025

S                                                                                                                                                     1

SENATE BILL 128

Short Title:      Heroes Homestead Act.		(Public)
Sponsors:	Senators Sawrey, Lazzara, and Johnson (Primary Sponsors).
Referred to:	Rules and Operations of the Senate

February 24, 2025

A BILL TO BE ENTITLED

AN ACT to increase the property tax homestead exclusion amount for disabled veterans.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 105‑277.1C reads as rewritten:

"§ 105‑277.1C.  Disabled veteran property tax homestead exclusion.

(a)        Classification. – A permanent residence owned and occupied by a qualifying owner is designated a special class of property under Article V, Section 2(2) of the North Carolina Constitution and is taxable in accordance with this section. The first forty‑five thousand dollars ($45,000) seventy‑six thousand five hundred dollars ($76,500) of appraised value of the residence is excluded from taxation. A qualifying owner who receives an exclusion under this section may not receive other property tax relief.

…."

SECTION 2.  This act is effective for taxes imposed for taxable years beginning on or after July 1, 2026.