NC House Bill to Reduce Solar Energy Exclusion March 9, 2017 North Carolina Property Tax Law Monitor House Bill 171 was filed late last month seeking to cut the property tax exclusion for equipment used to generate solar energy from 80% to 60%.
How the Property Tax Burden Varies from State to State February 9, 2017 John A. Cocklereece, Jr. North Carolina Property Tax Law Monitor This article in 24/7 Wall Street by Tom Frohlich discusses the differing property tax burdens among the 50 states and ranks the states from the highest to the lowest property tax burden. As the article suggests, many factors play into each states' property tax burden, including what other taxes they have, or don't have, to fund government operations, the presence of large municipalities, the level of property values, etc.
Proposed Legislation to Expand the Disabled Veteran and Surviving Spouse Property Tax Homestead Exclusion January 31, 2017 John A. Cocklereece, Jr. North Carolina Property Tax Law Monitor On January 25, 2017, a House Bill was filed that would expand the existing homestead property tax exclusion for disabled veterans and surviving spouses. The current exclusion, 105-277.1C, excludes from taxation the first $45,000 of the value of a permanent residence owned and occupied by certain disabled veterans meeting certain conditions or the surviving spouse of such a person who has not remarried.
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