North Carolina homebuilders would pay far less property tax on finished homes before they are sold, according to a bill in the state Legislature.
The state House passed a measure to tax the builders based on the value of the lot, not the home. One builder told The Charlotte Observer he would save $750 to $1,250 per house if the Senate also approves the bill and the governor signs it. The bill is meant to be an incentive for builders to do construct more homes.
PB Topical Ref
