Housing

This bill proposes a constitutional amendment that would require the North Carolina legislature to establish a statewide limit on how much local property tax levies can increase each year. The measure also mandates that any local government wanting to raise property taxes beyond this limit must first obtain approval from a majority of voters in that specific area. Because this change alters the state constitution, it will not take effect immediately but will instead be placed on the November 3, 2026, ballot for voters to decide whether to adopt. If approved by the public, the amendment would legally bind the General Assembly to create the specific tax increase caps mentioned in the text.

SB 164 creates a new Class F felony offense for entering someone's property without legal justification during a declared emergency in an emergency area and taking, damaging, or destroying *temporary shelter* - such as tents, trailers, mobile homes, or vehicles used as living quarters. It directly affects individuals who might loot temporary housing following disasters like floods or storms, where standard security is compromised. The law specifies that victims can sue offenders for triple their actual damages plus legal fees. This amendment to North Carolina law (effective December 2025) targets the specific act of stealing or damaging emergency housing, not general property crimes.

SB 55 creates a fast-track court process for property owners or their authorized representatives (like real estate brokers) to remove people occupying residential property without legal right, such as squatters. To qualify, the owner must prove the occupant has no lease, hasn't paid rent, and wasn't invited, while excluding tenants who stayed past their lease term. The process requires a hearing within 48 hours of filing, with removal ordered within 4 hours of the court decision. An appeal requires a $10,000 bond and allows a full trial in district court.

HB 762 modernizes North Carolina's mortgage licensing rules under the S.A.F.E. Act and adjusts fee limits for second or junior lien loans. It directly affects mortgage lenders offering these second mortgages by requiring their fees to align with federal qualified mortgage standards. The bill modifies maximum permissible fees to better match federal requirements, aiming to reduce consumer costs and improve compliance. This change applies specifically to loans secured by a second or junior lien on residential properties. The bill focuses on policy adjustments without altering licensing processes or consumer protections beyond fee structures.

HB 251 prohibits North Carolina state agencies from denying disaster recovery assistance (like grants) based on a person's political affiliation or political speech. It applies to all applicants for state disaster aid, including U.S. citizens, nationals, and qualified aliens, and sets penalties of a Class I felony for violations. The bill also defines "temporary housing" (such as trailers or tents) and adds criminal penalties for stealing such housing during declared emergencies. These changes aim to ensure state disaster aid is distributed fairly and protect emergency housing resources.