State Senate team to lead chase for property tax reform

(The Center Square) – Property tax reform options will be examined and recommendations made by a 10-member committee of the Senate in North Carolina.

Sen. Phil Berger, R-Rockingham, the president pro tempore, chose Appropriations Committee Cochairmen Brent Jackson, R-Sampson, and Michael Lee, R-New Hanover, to lead the group. Policy proposals “to rein in runaway property tax practices being implemented across the state” are expected to come forth in the short session year ahead.

“There’s no difference to taxpayers whether a tax is paid to the state or to a local government; it’s all money coming out of their pockets,” Berger said. “These members will examine ways to provide relief from local taxes while ensuring that local revenue is used responsibly to fund core services our constituents rely on.”

Sens. Dave Craven, R-Randolph, and Tom McInnis, R-Moore, are cochairmen of the Finance Committee and a part of the panel. Others are Sens. Lisa Barnes, R-Nash; Jim Burgin, R-Harnett; Steve Jarvis, R-Davidson; Chris Measmer, R-Cabarrus; Tim Moffitt, R-Henderson; and Benton Sawrey, R-Johnston.

Densely populated counties like Wake and Orange have had property taxes rise in recent years. Others with less population, like Northampton, have higher rates in comparison to income and home prices.

- Advertisement -

Berger, choosing a team spread from Murphy to Manteo though without any of the chamber’s 20 Democrats, is in his 13th term and has been president pro tempore since Republicans gained a majority in the 2010 midterms. Tax policy has been central to the changes in the state, inclusive of population and economic growth.

For 2026, the individual income tax has dropped to 3.99% from 4.25%, and the corporate rate to 2.25% from 2.5%. In 2010, when Republicans took majorities in both chambers of the General Assembly for the first time in 140 years since Reconstruction, North Carolinians were on an individual income tax system with rates of 6%, 7% and 7.75%, with potential for a surtax on higher earners, and businesses had a corporate income tax rate of 6.9%.

In turn, North Carolina’s population has grown by 756,000 people over the last five years, a 7.2% increase, according to newly released U.S. Census Bureau numbers.

The state grew from 10.4 million on April 1, 2020, to an estimated 11,197,968 on July 1,2025, according to the new estimates. That’s a pace to reach more than 11.9 million at the 2030 census.

Berger’s release said in part, “These transformative changes were made possible through responsible budgeting at the state level. Senate Republicans believe the same principles can help address the rising burden of local property taxes.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

EXCLUSIVE: 1 in 3 LA Armenians using $30B IHSS program investigated by Dr. Oz

(The Center Square) - Armenian-speakers in Los Angeles County...

WA bill would create a task force to ‘gut’ Public Records Act, critic says

(The Center Square) - As Washington state senators contemplate...

Parents sound alarm over Illinois high school voter registration bill

A proposal backed by Illinois Democrats to expand voter...

Prep graduates shatter certifications record

(The Center Square) – North Carolina high school graduates...

End of an Era: Massive Layoffs Hit Washington Post

WASHINGTON (AURN News) — It is the end of...

New Orleans mulls more state help to cover expenses

(The Center Square) − Facing another round of uncertainty...

Illinois Quick Hits: Group files FOIA lawsuit vs. Pritzker

(The Center Square) – Judicial Watch has filed a...

More like this
Related

EXCLUSIVE: 1 in 3 LA Armenians using $30B IHSS program investigated by Dr. Oz

(The Center Square) - Armenian-speakers in Los Angeles County...

WA bill would create a task force to ‘gut’ Public Records Act, critic says

(The Center Square) - As Washington state senators contemplate...

RICO case alleges sham lawsuits by N.Y. firm; Photos of clients include soccer, bowling

Personal injury lawyers have been hit with at least...

Parents sound alarm over Illinois high school voter registration bill

A proposal backed by Illinois Democrats to expand voter...