# North Carolina HB 348: AN ACT TO INCREASE THE CARRYFORWARD OF DEFERRED PROPERTY TAXES FOR PRESENT-USE VALUE PROPERTIES FROM THREE YEARS TO SIX YEARS, TO CREATE A LOCAL GRANT PROGRAM USING THE EXCESS FUNDS CREATED THEREBY TO PROVIDE GRANTS TO ELIGIBLE FARMERS, AND TO PROVIDE THAT PRIOR TO ANNEXING CERTAIN PRESENT-USE VALUE PROPERTY, A CITY MUST OBTAIN APPROVAL FROM THE BOARD OF COUNTY COMMISSIONERS.

North Carolina HB 348, AN ACT TO INCREASE THE CARRYFORWARD OF DEFERRED PROPERTY TAXES FOR PRESENT-USE VALUE PROPERTIES FROM THREE YEARS TO SIX YEARS, TO CREATE A LOCAL GRANT PROGRAM USING THE EXCESS FUNDS CREATED THEREBY TO PROVIDE GRANTS TO ELIGIBLE FARMERS, AND TO PROVIDE THAT PRIOR TO ANNEXING CERTAIN PRESENT-USE VALUE PROPERTY, A CITY MUST OBTAIN APPROVAL FROM THE BOARD OF COUNTY COMMISSIONERS., is a 2025-2026 Session House bill sponsored by Cody Huneycutt (Republican), B. Ray Jeffers (Democratic), Jeffrey C. McNeely (Republican); status in committee, last action 2025-06-25 (Re-ref Com On Rules, Calendar, and Operations of the House) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/NC-HB348-2025
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: North Carolina HB 348
- State: North Carolina
- Session: 2025-2026 Session
- Title: AN ACT TO INCREASE THE CARRYFORWARD OF DEFERRED PROPERTY TAXES FOR PRESENT-USE VALUE PROPERTIES FROM THREE YEARS TO SIX YEARS, TO CREATE A LOCAL GRANT PROGRAM USING THE EXCESS FUNDS CREATED THEREBY TO PROVIDE GRANTS TO ELIGIBLE FARMERS, AND TO PROVIDE THAT PRIOR TO ANNEXING CERTAIN PRESENT-USE VALUE PROPERTY, A CITY MUST OBTAIN APPROVAL FROM THE BOARD OF COUNTY COMMISSIONERS.
- Status: in committee
- Chamber: House
- Introduced: 2025-03-10
- Last action: 2025-06-25, Re-ref Com On Rules, Calendar, and Operations of the House
- Sponsors: Cody Huneycutt (Republican), B. Ray Jeffers (Democratic), Jeffrey C. McNeely (Republican)
- Cosponsors: 21
- Subjects: AGRICULTURE, ANNEXATION, BOARDS, COUNTIES, COUNTY COMMISSIONERS, EDUCATION, EDUCATION BOARDS, ELEMENTARY EDUCATION, FUNDING, GRANTS, KINDERGARTEN, LOCAL GOVERNMENT, MUNICIPALITIES, PLANNING & ZONING, PROPERTY, PUBLIC, REAL ESTATE, SECONDARY EDUCATION, TAXATION, TAXES, PROPERTY, TITLE CHANGE, AGRICULTURAL LAND
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Cody Huneycutt (Republican), House
- Sponsor: B. Ray Jeffers (Democratic), House
- Sponsor: Jeffrey C. McNeely (Republican), House
- Cosponsor: Eric Ager (Democratic), House
- Cosponsor: Jerry "Alan" Branson (Republican), House
- Cosponsor: Cecil Brockman (Democratic), House
- Cosponsor: Maria Cervania (Democratic), House
- Cosponsor: Bryan Cohn (Democratic), House
- Cosponsor: Mike Colvin (Democratic), House
- Cosponsor: Allison A. Dahle (Democratic), House
- Cosponsor: Jimmy Dixon (Republican), House
- Cosponsor: Gloristine Brown (Democratic), House
- Cosponsor: Garland E. Pierce (Democratic), House
- Cosponsor: Pricey Harrison (Democratic), House
- Cosponsor: Frank Iler (Republican), House
- Cosponsor: Jake Johnson (Republican), House
- Cosponsor: Keith Kidwell (Republican), House
- Cosponsor: Jarrod Lowery (Republican), House
- Cosponsor: Ben T. Moss, Jr. (Republican), House
- Cosponsor: Renée A. Price (Democratic), House
- Cosponsor: Stephen M. Ross (Republican), House
- Cosponsor: Terry M. Brown Jr. (Democratic), House
- Cosponsor: Brian Turner (Democratic), House
- Cosponsor: Shelly Willingham (Democratic), House

## Actions (12)

- 2025-06-25: Re-ref Com On Rules, Calendar, and Operations of the House (House)
- 2025-06-25: Withdrawn From Cal (House)
- 2025-06-25: Added to Calendar (House)
- 2025-06-25: Cal Pursuant Rule 36(b) (House)
- 2025-06-25: Reptd Fav (House)
- 2025-06-24: Re-ref Com On Rules, Calendar, and Operations of the House (House)
- 2025-06-24: Reptd Fav Com Sub 2 (House)
- 2025-04-30: Re-ref Com On Finance (House)
- 2025-04-30: Reptd Fav Com Substitute (House)
- 2025-03-11: Ref to the Com on Agriculture and Environment, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House (House)
- 2025-03-11: Passed 1st Reading (House)
- 2025-03-10: Filed (House)

## Bill text

- Edition 1: [PDF](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v1.pdf)
- Edition 2: [PDF](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v2.pdf)
- Filed: [PDF](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v0.pdf)
- Latest Edition: [PDF](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v3.pdf)

## Related bills

- HB 96: AN ACT TO CREATE AN ALTERNATIVE REMEDY FOR THE EXPEDITED REMOVAL OF UNAUTHORIZED PERSONS FROM PRIVATE PROPERTY BY A LAW ENFORCEMENT AGENCY. (vetoed)
- HB 958: AN ACT TO MAKE VARIOUS CHANGES TO ELECTION ADMINISTRATION LAWS AND CAMPAIGN FINANCE LAWS. (vetoed)
- HB 377: 2026 Court Changes. (vetoed)
- HB 268: 2026 Budget Technical Corrections - II. (signed)
- SB 445: Regulatory Reform Act of 2026. (signed)
- HB 199: Authorize Municipal Deannexation. (passed house)

## Sources
- [Edition 1 (PDF)](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v1.pdf)
- [Edition 2 (PDF)](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v2.pdf)
- [Filed (PDF)](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v0.pdf)
- [Latest Edition (PDF)](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H348v3.pdf)

## Related
- [HB 96: AN ACT TO CREATE AN ALTERNATIVE REMEDY FOR THE EXPEDITED REMOVAL OF UNAUTHORIZE…](https://policyrisk.com/state-bill/NC-HB96-2025)
- [HB 958: AN ACT TO MAKE VARIOUS CHANGES TO ELECTION ADMINISTRATION LAWS AND CAMPAIGN FIN…](https://policyrisk.com/state-bill/NC-HB958-2025)
- [HB 377: 2026 Court Changes.](https://policyrisk.com/state-bill/NC-HB377-2025)
- [HB 268: 2026 Budget Technical Corrections - II.](https://policyrisk.com/state-bill/NC-HB268-2025)
- [SB 445: Regulatory Reform Act of 2026.](https://policyrisk.com/state-bill/NC-SB445-2025)
- [HB 199: Authorize Municipal Deannexation.](https://policyrisk.com/state-bill/NC-HB199-2025)
- [North Carolina bills](https://policyrisk.com/states/north-carolina/bills)
- [North Carolina state hub](https://policyrisk.com/states/north-carolina)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/NC-HB348-2025 (as of 2026-11-01).