Expand Disabled Veteran Property Tax Exclusion.

HB 683 expands North Carolina's property tax exclusion for disabled veterans by removing the $45,000 cap and excluding the **entire appraised value** of a qualifying veteran's primary residence from property taxes. It directly affects **disabled veterans** (with VA-certified service-connected disabilities) and their **unremarried surviving spouses**, who previously could only exclude the first $45,000 of their home's value. The bill requires the state to **reimburse local governments** for lost tax revenue through a "hold harmless amount" calculated by multiplying the excluded value by the local tax rate, with counties reporting this by September 1 and receiving funds by December 31 annually. This change takes effect for taxes due in 2026 and ensures no net revenue loss for local governments.