House Select Committee on Property Tax Reform Meets
The House Select Committee on Property Tax Reduction and Reform met on Wednesday, February 18 to continue the discussion on property tax and potential reforms. The session began with a presentation from the UNC School of Government on recent federal cost-burden shifts and their impact on local governments. Upcoming changes to SNAP and Medicaid administration due to H.R. 1 (the One Big Beautiful Bill Act) were central to the discussion, as counties face an estimated $69 million increase in SNAP administration costs as well as large additional costs for Medicaid administration.
The next presentation was from the Tax Foundation on proposed avenues for property tax reform in North Carolina, focusing on levy limits and truth-in-taxation policies. The session closed with a presentation from legislative staff on property tax exemptions for nonprofit hospitals. This exemption results in a recurring exclusion of $130 million in property tax revenue for local governments. Committee members discussed reviewing policies related to nonprofit property tax exemptions to clarify standards and evaluate how the exemptions are implemented.
The committee will meet again on Wednesday, March 18 at 10:00 a.m. Meeting agendas and presentations are available here.
The NCACC will continue to engage with legislators to advocate for county revenues and emphasize the services that they provide. For more information on property taxes, click here to view the NCACC “County Property Tax 101” one-pager or contact the NCACC Advocacy and Policy team at [email protected].
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NCACC Executive Director Kevin Leonard shared another video update. In today’s video, he explains how property taxes and public health are connected. If you have any questions, please email the NCACC Advocacy & Policy team at [email protected].