NORTH CAROLINA GENERAL ASSEMBLY

1975 SESSION

 

 

CHAPTER 566

SENATE BILL 238

 

 

AN ACT TO AMEND G.S. 105-275 TO EXCLUDE FROM THE TAX BASE SPECIALLY ADAPTED HOUSING OWNED AND USED AS A RESIDENCE BY A DISABLED VETERAN.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 105-275 is hereby amended by adding after current subsection (20), a new subsection (21) to read as follows:

"(21)    The first thirty-four thousand dollars ($34,000) in assessed value of housing together with the necessary land therefor, owned and used as a residence by a disabled veteran who receives benefits under Title 38, Section 801, United States Code Annotated. This exclusion shall be the total amount of the exclusion applicable to such property."

Sec. 2.  This act shall become effective January 1, 1976.

In the General Assembly read three times and ratified, this thel2th day of June, 1975.