North Carolina legislation · 2025-2026 Session
North Carolina H647: Ag. PUV Conservation.
Status: In committee, April 2, 2025
What the bill says
An act to allow property owned by certain conservation entities to be taxed at present-use value.
From the introduced text:
A BILL TO BE ENTITLED AN ACT TO ALLOW PROPERTY OWNED BY CERTAIN CONSERVATION ENTITIES TO BE TAXED AT PRESENT-USE VALUE. The General Assembly of North Carolina enacts: SECTION 1. G.S. 105-277.2 reads as rewritten: "§ 105-277.2. Agricultural, horticultural, and forestland - Definitions. The following definitions apply in G.S. 105-277.3 through G.S. 105-277.7: ... (1b) Conservation holder. - A nonprofit or private corporation that qualifies as a "holder" pursuant to G.S. 121-35(2) and that (i) meets the definition of a "charitable corporation" under G.S. 55A-1-40 and (ii) is organized to receive and administer agricultural land, horticultural land, or forestland, for the purpose of preserving the uses of such land in perpetuity. ... (4) Individually owned. - Owned by one of the following: ... f. A conservation holder. ...." SECTION 2. G.S. 105-277.3 reads as rewritten: "§ 105-277.3. Agricultural, horticultural, and forestland - Classifications. (a) Classes Defined. - The following classes of property are designated special classes of property under authority of Section 2(2) of Article V of the North Carolina Constitution and must be appraised, assessed, and taxed as provided in G.S. 105-277.2 through G.S. 105-277.7. ... (b2) Exceptions to Ownership Requirements. - Notwithstanding the provisions of subsections (b) and (b1) of this section, land may qualify for classification in the hands of the new owner if all of the …
Sponsors
- Jennifer Balkcom (R, HD-117) · primary sponsor
- Gillespie, Karl E. (R, 120) · primary sponsor
- Eddins, Blair (R, 94) · primary sponsor
- Jackson, Neal (R, 78) · primary sponsor
- Almond, Jonathan L. (R, 73)
- Biggs, Brian (R, 70)
- Harrison, Pricey (D, 61)
- Johnson, Todd (R, 35)
- McNeely, Jeffrey C. (R, 84)
- Ross, Stephen M. (R, 63)
- Scott, Paul (R, 111)
- Setzer, Mitchell S. (R, 89)
Latest actions
- : Ref to the Com on Agriculture and Environment, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House
- : Passed 1st Reading
- : Filed
Subjects: PROPERTY, CORPORATIONS, NONPROFIT, CONSERVATION, TAXES, PROPERTY, LANDOWNERS, REAL ESTATE, PUBLIC, ENVIRONMENT
Common questions
- What is H647?
- H647 is a bill in the North Carolina Legislature (2025-2026 Session): Ag. PUV Conservation.
- What does H647 do?
- In its own words: An act to allow property owned by certain conservation entities to be taxed at present-use value.
- What is the status of H647?
- In committee as of April 2, 2025. Latest action: Ref to the Com on Agriculture and Environment, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House (April 2, 2025).
- Who sponsored H647?
- Jennifer Balkcom (R, HD-117), with 11 co-sponsors.
- Where is the official record for H647?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H647
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.