North CarolinaSB 4742025-2026 SessionSenateWALLET

Adjust Counties/Reappraisal Moratorium.

Sponsored By: Phil Berger (Republican), Steve Jarvis (Republican), Timothy D. Moffitt (Republican)

Signed by Governor

APPRAISALSAUDITING & AUDITSCOUNCIL OF STATECOUNTIESEMERGING TECHNOLOGIESINFORMATION TECHNOLOGYLOCAL GOVERNMENTMORATORIUMSPERSONNELPRESENTEDPROPERTYPUBLICRATIFIEDREAL ESTATEREPORTINGSTEMSESSION LAWSSTATE AUDITORSTATE EMPLOYEESTAXATIONTAXES, PROPERTYTITLE CHANGECHAPTEREDGOVERNMENT EMPLOYEESVACANCIESARTIFICIAL INTELLIGENCE

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Analyzed Economic Effects

3 provisions identified: 1 benefits, 0 costs, 2 mixed.

Extra time to appeal 2026 appraisal

You may appeal a Jan. 1, 2026 appraisal during 2026. If you did not appeal in 2026 and your property is in a covered county, you may appeal in 2027 as if the appraisal took effect Jan. 1, 2027. Counties must accept timely 2027 appeals. Any change from a 2027 appeal applies to the tax year starting July 1, 2027.

Homeowners: 2026 reappraisal delayed, then used

In counties with 15,000+ people that reappraised effective Jan. 1, 2026, and are not exempt, 2026 tax bills use the prior reappraisal’s values. This can delay or reduce a 2026 tax increase. Starting with the tax year that begins July 1, 2027, those counties use the Jan. 1, 2026 schedule of values until the next reappraisal. For timing rules, the county is treated as having reappraised on Jan. 1, 2027 to set the next required reappraisal date.

Some counties keep normal reappraisal rules

A county is exempt if any of these apply: population under 12,000; it is in the G.S. 105-286(a)(2)a reappraisal group and has under 150,000 people; or it levied a rate over $0.95 per $100 in any of the prior four years. Also, a county in an “affected area” under S.L. 2025-2 can be exempt if, for the 2026 tax year, it adopts a rate at or below its revenue-neutral rate under G.S. 159-11(e), rounded up to the next cent. Exempt counties keep normal 2026–2027 reappraisal timing instead of the special delay-and-then-apply rules. These exemption rules take effect July 7, 2026.

Sponsors & Cosponsors

Cosponsors

W. Ted Alexander
Republican • Senate
Buck Newton
Republican • Senate
Lisa S. Barnes
Republican • Senate
Bob Brinson
Republican • Senate
Danny Earl Britt, Jr.
Republican • Senate
Jim Burgin
Republican • Senate
David W. Craven, Jr.
Republican • Senate
Warren Daniel
Republican • Senate
Carl Ford
Republican • Senate
Amy S. Galey
Republican • Senate
Bobby Hanig
Republican • Senate
Ralph Hise
Republican • Senate
Mark Hollo
Republican • Senate
Brent Jackson
Republican • Senate
Todd Johnson
Republican • Senate
Dana Jones
Republican • Senate
Michael A. Lazzara
Republican • Senate
Tom McInnis
Republican • Senate
Brad Overcash
Republican • Senate
Bill Rabon
Republican • Senate
Norman W. Sanderson
Republican • Senate
Benton G. Sawrey
Republican • Senate
Vickie Sawyer
Republican • Senate
Eddie D. Settle
Republican • Senate