Bill
HB 647
Agricultural Present-Use Value Conservation.
2025-2026 Session
Introduced by Jonathan Almond and 13 co-sponsors
HB 647 reduces property taxes on North Carolina farmland by allowing agricultural present-use value assessments instead of market development value, preserving farming operations but potentially reducing local government revenue.
Passed 1st Reading
#conservation;corporations
#nonprofit;environment;landowners;property;public;realestate;taxation;taxes
#property;ngos