North Carolina S143 exempts the first $45,000 of a disabled veteran's home value from property taxes.

North Carolina S143 establishes a property tax exemption for disabled veterans. The first $45,000 of the appraised value of a qualifying veteran's primary residence is exempt from taxation. This exemption applies to permanent residences owned and occupied by the veteran. The exemption is exclusive, meaning the veteran cannot receive other property tax relief. The act is effective for taxes imposed for taxable years beginning on or after July 1, 2025.

North Carolina S143 exempts the first $45,000 of a disabled veteran's home value from property taxes.

North Carolina S143 establishes a property tax exemption for disabled veterans. The first $45,000 of the appraised value of a qualifying veteran's primary residence is exempt from taxation. This exemption applies to permanent residences owned and occupied by the veteran. The exemption is exclusive, meaning the veteran cannot receive other property tax relief. The act is effective for taxes imposed for taxable years beginning on or after July 1, 2025.