North Carolina S660 provides tax relief for disabled veterans, including homestead and motor vehicle tax exemptions, and establishes a grant program.

North Carolina S660, the Honoring Sacrifice: NC Veterans Relief Act, provides tax relief for disabled veterans by gradually increasing the exemption amount under the disabled veteran property tax homestead exclusion. It allows disabled veterans to prequalify for the homestead exclusion and exempts the primary motor vehicle owned by a 100% disabled veteran from property tax. The act also reimburses local governments for a percentage of their revenue loss due to these tax exclusions.

North Carolina S660 provides tax relief for disabled veterans, including homestead and motor vehicle tax exemptions, and establishes a grant program.

North Carolina S660, the Honoring Sacrifice: NC Veterans Relief Act, provides tax relief for disabled veterans by gradually increasing the exemption amount under the disabled veteran property tax homestead exclusion. It allows disabled veterans to prequalify for the homestead exclusion and exempts the primary motor vehicle owned by a 100% disabled veteran from property tax. The act also reimburses local governments for a percentage of their revenue loss due to these tax exclusions.