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.
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.
HB 749 appropriates $9,818,000 in one-time state funds to the City of Greensboro for public safety projects. The bill directs $9 million to construct a new fire station serving the north side of Piedmont Triad International Airport and $818,000 to relocate, enhance, and operate the Greensboro Police Department's Real Time Intelligence Center. These funds are allocated for the 2025-2026 fiscal year and become effective July 1, 2025. The bill directly affects Greensboro's fire and police services by funding specific infrastructure and technology upgrades.
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Public Safety
HB 735 amends North Carolina's transportation funding rules to clarify state support for rail projects. It sets a 10% cap on state funds for commuter and light rail projects - limiting spending to either 10% of a regional funding allocation or 10% of the project's estimated cost. The bill also creates a new eligibility category for public transit services spanning four or more counties and serving over three municipalities. Additionally, it specifies that the state will not cover costs exceeding these funding limits, requiring project agreements to include these restrictions. The changes apply directly to regional transit authorities and developers seeking state funding for rail infrastructure.
SB 584 authorizes counties to use specific sales tax revenue to fund local public transportation systems - including buses, light rail, bike lanes, and transit facilities - while requiring these funds to supplement (not replace) existing transportation budgets. It defines "public transportation system" broadly to include infrastructure like bus lanes, shared-ride services, and integrated fare systems. The bill also creates a new metropolitan public transportation authority for counties with over 1 million residents that border another state and operate light rail systems, giving them regional planning powers under specific rules. This authority would manage funding and coordination for transportation projects within its jurisdiction.
HB 384 would allow enlisted members of the North Carolina National Guard (ranks E-1 to E-5) who live in North Carolina to deduct their federal basic military pay from their state income tax. This policy change applies only to their federal service pay, not other income, and would take effect for taxes filed in 2025 and later. The bill amends North Carolina’s tax code to include this deduction for qualifying National Guard members. It does not alter federal tax treatment or apply to higher ranks or other military personnel.
HB 786, the "Working Families Act," reduces child care costs for low-income families by lowering parent copayments from 10% to 7% of income (effective 2025), reinstates a refundable state child tax credit with income-based payments (effective 2025), and phases up North Carolina’s minimum wage to $15/hour by 2030 with annual inflation adjustments. It also increases income limits for property tax relief, creates a homebuyers’ assistance program for public servants (like firefighters and EMTs) as first-time buyers, and establishes a paid family leave insurance program funded through an employer grant program. The bill directly affects working families, hourly workers, public-sector employees, and households using subsidized child care or property tax relief. Key mechanisms include phased wage increases, income-tiered tax credits, and targeted housing support, all designed to reduce financial strain on low-to-moderate-income households.
HB 755 provides a sales tax exemption for qualifying North Carolina nonprofits, including hospitals, federally tax-exempt community organizations, volunteer fire departments, and university-affiliated groups. To qualify, nonprofits must obtain a state sales tax exemption number, with annual limits of $31.7 million for state tax and $13.3 million for local tax. The exemption covers most goods and services purchased for nonprofit activities but excludes electricity, telecommunications, alcohol, and certain other items. Real property contractors must provide documentation to retailers when buying materials for nonprofit projects to ensure proper tax treatment.
HB 792 appropriates $10 million (to the NC Clean Energy Innovation and Research Fund) and $4.5 million (to the One North Carolina Fund) for competitive grants in North Carolina's 2025-2026 fiscal year. The funds target small businesses (under 100 employees), nonprofits, local governments, and state agencies to support clean energy innovation, renewable technology deployment, and energy efficiency projects. Key provisions include requiring matching funds for some grants and prioritizing workforce development in the clean energy sector. The grants aim to grow North Carolina's green economy through business development and market expansion in renewable energy. Funds not spent by June 30, 2027, will revert to the state's general fund.
HB 787 establishes a matching program for North Carolina residents contributing to the Parental Savings Trust Fund (a 529 program) and creates a tax deduction for such contributions. It provides a 2:1 state match (up to $1,500 per student annually) for eligible contributors - North Carolina residents with household income under 250% of the federal poverty level who open accounts for children aged 14 or younger. The bill also allows a state tax deduction of up to $2,000 per individual ($4,000 for joint filers) for contributions to the fund, with rules to adjust income if funds are withdrawn for non-education purposes. These changes aim to boost college savings for lower-income families, with the matching program starting July 1, 2025, and the tax deduction effective January 1, 2026.
