North Carolina Could Vote on Property Tax Constitutional Amendment This November
The proposed amendment aims to curb local governments' property tax increases amid rising tax bills after the 2024 revaluation and $745 million annual revenue loss in Wake County.
9 Articles
9 Articles
House committee votes to further consider property tax amendment
On March 18, the House Select Committee on Property Tax Reduction and Reform voted in favor of giving further consideration to a bill draft for a constitutional amendment that would require the General Assembly to enact legislation limiting future increases in the property tax levy. The draft remains in the committee, with plans for amendments and another vote on April 15. “This is really up to the taxpayer to decide whether this is something th…
NC House committee supportive of bill to cap local property tax levies
Rep. Brian Echevarria, R-Cabarrus, said that “once someone becomes a homeowner, property tax increases should not force them to sell their home or go into any other hardships.”“The constitutional amendment will pass because North Carolinians are ready for this. Property…
North Carolina could vote on property tax constitutional amendment this November
RALEIGH, N.C. (WNCN) -- The future of property taxes across North Carolina could be in the hands of voters this November, as the General Assembly considers a constitutional amendment to limit property tax increases. "I think anything that limits taxes is probably a good idea," said homeowner Brian Wilson. A State House Select Committee met [...]
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