North Carolina S992 implements "Truth in Taxation" procedures for taxing units and increases fees for reinstating expired real estate appraiser.

North Carolina S992 mandates that taxing units provide public notice and hold a hearing before adopting a property tax rate exceeding the revenue-neutral rate. The bill requires the governing body to publish notice of its intent to exceed the revenue-neutral tax rate in a newspaper and on the governing body's website. The county clerk must send notice to each taxpayer at least 10 days prior to the public hearing. The bill also increases the fee for reinstating an expired real estate appraiser trainee registration, license, or certificate.

North Carolina S992 implements "Truth in Taxation" procedures for taxing units and increases fees for reinstating expired real estate appraiser.

North Carolina S992 mandates that taxing units provide public notice and hold a hearing before adopting a property tax rate exceeding the revenue-neutral rate. The bill requires the governing body to publish notice of its intent to exceed the revenue-neutral tax rate in a newspaper and on the governing body's website. The county clerk must send notice to each taxpayer at least 10 days prior to the public hearing. The bill also increases the fee for reinstating an expired real estate appraiser trainee registration, license, or certificate.