Title
House Select Committee on Property Tax Reduction and Reform: Proposed Legislation
Action
ACTION:
Inform the Board of proposed property tax legislation from the NC General Assembly.
Staff Contact: Lisette Nimmons, Intergovernmental Affairs Manager
Presentation: Yes
BACKGROUND/JUSTIFICATION:
The House Select Committee on Property Tax Reduction and Reform was created to investigate “practical ways to reduce the burden on homeowners without undermining local services.” They held four meetings and will vote on proposed legislation on April 15th. Staff will ensure the Board is informed of the proposed legislation in advance of the vote.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
Proposed legislation could result in a wide variety of policy changes related to property tax assessment and collection.
FISCAL IMPACT: