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state_legiscan_drain · NC

Property Tax Reappraisal Moratorium

April 28, 2026

Summary

If enacted, this bill would impose a moratorium on property tax reappraisals in North Carolina, freezing property tax valuations at their current levels for a specified period. This could affect property-tax-dependent calculations in mortgage origination and servicing, such as escrow for taxes. Lenders and servicers operating in North Carolina would need to adjust escrow and tax-related processes.

AI-generated summary · Jun 21, 2026. Verify with your compliance counsel before acting.

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Source: https://www.ncleg.gov/BillLookUp/2025/S889

Common questions

What does "Property Tax Reappraisal Moratorium" cover?
If enacted, this bill would impose a moratorium on property tax reappraisals in North Carolina, freezing property tax valuations at their current levels…
When was it published?
It was published on April 28, 2026.

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