Shared Investment in Our Heroes Act.
HB 728, the "Shared Investment in Our Heroes Act," increases North Carolina's property tax exemption for disabled veterans' homes from $45,000 to $75,000 starting in 2025, directly benefiting veterans with 100% service-connected disabilities and their surviving spouses. It allows veterans to prequalify for the exemption before purchasing a home and excludes their primary vehicle from property taxes. Local governments will be reimbursed up to 50% of revenue loss from these changes to offset financial impacts. The bill aims to provide immediate tax relief for disabled veterans while ensuring local fiscal stability through shared state-local funding.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 2, 2025
Last action Apr 3, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Filed
→
Edition 1
·
3 edits
MINOR
The bill underwent formatting and metadata updates during its progression from filing to the first edition. The primary changes involve updating the bill number designation, adding a reference to the official sponsor list online, and adjusting the session date information. These are administrative updates that do not alter the substantive policy content of the legislation.
TECHNICAL
Updated bill identifier from DRH10287-NIf-74B to H728-v-1 to reflect the current version number.
Added a note directing readers to the North Carolina General Assembly website for a complete list of sponsors.
Adjusted the session date reference from April 2, 2025 to April 3, 2025 for the House referral information.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 3, 2025
Committee
Ref To Com On Rules, Calendar, and Operations of the House
lower
Apr 2, 2025
Introduced
Filed
lower
0 primary · 9 co-sponsors
Sponsors
No sponsor information available.
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