Increases the property tax homestead exclusion for disabled veterans in North Carolina.

The North Carolina S128, known as the Heroes Homestead Act, increases the property tax homestead exclusion for disabled veterans. Specifically, it excludes the first $45,000 of the appraised value of a qualifying owner's residence from taxation. This exclusion is effective for taxes imposed for taxable years beginning on or after July 1, 2026. A qualifying owner cannot receive other property tax relief if they benefit from this exclusion.

Increases the property tax homestead exclusion for disabled veterans in North Carolina.

The North Carolina S128, known as the Heroes Homestead Act, increases the property tax homestead exclusion for disabled veterans. Specifically, it excludes the first $45,000 of the appraised value of a qualifying owner's residence from taxation. This exclusion is effective for taxes imposed for taxable years beginning on or after July 1, 2026. A qualifying owner cannot receive other property tax relief if they benefit from this exclusion.