Passed 1st Reading
Summary
The measure gives $250,000 to the North Carolina Association of County Commissioners so counties can advertise state property tax relief programs. It also rewrites the homestead circuit breaker law, setting a $45,000 income limit for 2027, adjusting future limits with Social Security cost‑of‑living changes, and doubling the limit for married couples. Finally, it creates a reporting and reimbursement system that requires counties to notify the Secretary of Revenue of their eligible amounts by September 1, with payments made by December 31 using existing tax collections.
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