S.898

North Carolina S898 appropriates funds to promote property tax relief programs and modifies the property tax homestead circuit breaker.

North Carolina S898 allocates $250,000 from the General Fund to the North Carolina Association of County Commissioners to promote the state's property tax relief programs. It also modifies the property tax homestead circuit breaker by setting the income eligibility limit for married applicants at 200% of the income eligibility limit for single applicants. The bill adjusts the income eligibility limit annually based on cost-of-living adjustments to Social Security benefits.