North Carolina · 2025-2026 Session
H 348Introduced
Annexation of Present-Use Value Land/School Capacity.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
An act to increase the carryforward of deferred property taxes for present-use value properties from three years to six years, to create a local grant program using the excess funds created thereby to provide grants to eligible farmers, and to provide that prior to annexing certain present-use value property, a city must obtain approval from the board of county commissioners.
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