HB 437 establishes "Drug-Free Homeless Service Zones" within 300 feet of facilities that provide homeless services (like shelters or transitional housing) using public funds. It increases penalties for drug offenses committed in these zones: individuals 21+ face Class E felony charges, while facility operators allowing such offenses face Class 1 misdemeanor charges. Facilities must display visible signs identifying the zone, and the law applies to offenses committed on or after December 1, 2025. The bill directly affects homeless service providers, their operators, and individuals committing drug offenses in designated zones.
SB 675 sets a 2% maximum fee limit for second or junior lien mortgages in North Carolina, aligning state rules with federal Qualified Mortgage standards. It allows up to 3% total fees across all lenders for such loans, referencing federal guidelines (12 C.F.R. §1026.43(e)(3)). The bill directly affects borrowers taking second mortgages and lenders who charge fees on these loans. It requires lenders to comply with these fee limits on loans secured by real property, effective upon enactment.
HB 1042 updates North Carolina's property tax exemptions for nonprofit organizations that provide housing for low- or moderate-income individuals. The bill clarifies that land held by nonprofits for future affordable housing projects can remain tax-exempt for up to five years, with unpaid taxes deferred until the project is completed or the land is no longer used for this purpose. Additionally, the legislation establishes a new specific exemption for affordable rental housing, defining it as developments where more than half the units are rented to tenants earning at or below 80% of the area median income. These changes aim to provide clearer tax incentives for nonprofits developing and operating affordable rental properties.
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.
This bill, officially titled "An Act to Establish Exemptions from Certain Floodplain Requirements for the Replacement or Reconstruction of Structures Damaged by Historic Flood Events," corrects the misstated title "Power Bill Reduction Act." It directly affects property owners seeking to rebuild or replace structures damaged by a "historic flood event" (defined as a flood meeting or exceeding a 200-year flood standard) within the base floodplain. The key provision allows rebuilding to the same or lesser size/volume as before the flood, without adhering to newer state or local flood regulations, but prohibits increases in size/volume unless hydrologic analysis proves it won’t raise flood elevations. This exemption applies to structures lawfully established before the flood event.
HB 737 eliminates mandatory 20-hour training courses for insurance producers (agents/brokers) seeking licensure in North Carolina, replacing this requirement with a competency-based assessment. The bill also clarifies rules on insurance referral fees, updates capital calculation standards for the Department of Insurance, and restricts residential leases from requiring renters insurance. Additional provisions include adjustments to Medicare supplement licensing, continuous coverage rules for drivers with surcharges, and streamlined processes for multi-dealer registration. These changes directly affect insurance professionals, insurers, and consumers through modified licensing, coverage, and fee structures.
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 173 freezes Wake County municipalities' ability to expand extraterritorial jurisdiction (ETJ) beyond their 2025 boundaries until 2028, directly affecting local governments in Wake County. It removes one specific property parcel (tax ID 966773980500000) from Asheville's city limits, effective June 2025, while preserving existing tax liens. The bill also revises rules for commercial development moratoria, requiring four hearings (two in-person in affected areas) and detailed justifications for any 60-day moratorium, which cannot be renewed. These changes apply to all North Carolina municipalities adopting commercial development moratoria after the bill's effective date.
