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SB 992·NC·senate

Truth in Taxation.

Passed One ChamberFiled Apr 30, 2026
Sponsor: Carl Ford (R)
Latest Action

Withdrawn From Cal

Jul 1, 2026

Summary

The bill adds procedures that taxing bodies must follow before raising property tax rates above the revenue‑neutral benchmark in years when a general property reappraisal is done. It also imposes a monthly late‑fee, up to $120, on real‑estate appraiser trainees who let their registrations lapse, and treats those lapses of 12 months or more as new applications. The measures aim to increase transparency for tax increases and ensure timely renewal of appraiser credentials.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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