Extends the lookback period for late property tax exemption applications in North Carolina.

This bill allows property owners in North Carolina to file late applications for property tax exemptions, extending the lookback period for such applications. If approved, taxes levied on the property for up to three years before the bill's effective date can be released, though no refunds will be issued for previously paid taxes. The act applies to applications submitted after the bill becomes law.

Extends the lookback period for late property tax exemption applications in North Carolina.

This bill allows property owners in North Carolina to file late applications for property tax exemptions, extending the lookback period for such applications. If approved, taxes levied on the property for up to three years before the bill's effective date can be released, though no refunds will be issued for previously paid taxes. The act applies to applications submitted after the bill becomes law.