North Carolina HB 94: Disabled Veteran Homestead Exclusion Prequalification.

Bill Text

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
H 1
HOUSE BILL 94

Short Title: Dis. Veteran Homestead Excl. Prequalification. (Public)
Sponsors: Representatives Paré, Goodwin, Balkcom, and Chesser (Primary Sponsors).
For a complete list of sponsors, refer to the North Carolina General Assembly web site.
Referred to: Homeland Security and Military and Veterans Affairs, if favorable, Finance, if
favorable, Rules, Calendar, and Operations of the House
February 12, 2025
*H94-v-1*
A BILL TO BE ENTITLED 1
AN ACT TO ALLOW DISABLED VETERANS TO PREQUALIFY FOR THE DISABLED 2
VETERAN PROPERTY TAX HOMESTEAD EXCLUSION. 3
The General Assembly of North Carolina enacts: 4
SECTION 1. G.S. 105-277.1C reads as rewritten: 5
"§ 105-277.1C. Disabled veteran property tax homestead exclusion. 6
... 7
(f) Application. – An application for the exclusion allowed under this section should be 8
filed during the regular listing period, but may be filed and must be accepted at any time up to 9
and through June 1 preceding the tax year for which the exclusion is claimed. An applicant for 10
an exclusion under this section must establish eligibility for the exclusion by providing a copy of 11
the veteran's disability certification or evidence of benefits received under 38 U.S.C. § 2101. An 12
assessor may accept the prequalification notice under subsection (g) of this section to establish 13
eligibility for the exclusion provided in this section in lieu of a veteran's disability certification 14
or evidence of benefits received under 38 U.S.C. § 2101. 15
(g) Prequalification. – A disabled veteran or the surviving spouse of a disabled veteran 16
who has not remarried may apply for prequalification of the property tax relief provided by this 17
section notwithstanding that the disabled veteran or the surviving spouse of a disabled veteran 18
who has not remarried is not an owner of a permanent residence at the time that the application 19
for prequalification is submitted. It is the intent of the General Assembly to allow taxpayers and 20
lenders to determine, in advance of the purchase of a primary residence, the availability of the 21
tax benefit provided by this section in order to facilitate omitting exempted amounts from 22
determinations of payment calculations. An application for prequalification under this subsection 23
may be filed at any time, must be submitted on a form approved by the Department, and must be 24
accompanied by a copy of the veteran's disability certification or evidence of benefits received 25
under 38 U.S.C. § 2101. Application forms under this subsection must be made available by the 26
assessor. Upon receipt of an application under this subsection, the assessor of the county in which 27
the application is filed must notify the applicant of the applicant's qualification for eligibility for 28
property tax relief under this section within 30 days. Upon purchasing a permanent residence, an 29
applicant who has received prequalification under this subsection must apply for the property tax 30
relief provided by this section as required under subsection (f) of this section." 31
SECTION 2. This act is effective for taxes imposed for taxable years beginning on 32
or after July 1, 2025. 33