North Carolina 2025-2026 Regular Session

North Carolina House Bill HB436

Caption

House Bill 436

Summary

House Bill 436 authorizes counties to let property assessment payments be made in either semiannual or annual installments, rather than requiring full payment within 30 days after notice of confirmation of the assessment roll. Under current law, installment payment is already allowed if a county board of commissioners adopts that option, and the bill expands and clarifies the county board’s authority to structure those payments. It specifies that the board must decide in the assessment resolution whether installments will be semiannual or annual and may set the number of installments, subject to the bill’s stated limits. The bill also details two timing options for each installment schedule. For semiannual payments, counties may require the first installment either on the date property taxes are due or 60 days after the assessment roll is confirmed, with later installments due every six months. For annual payments, counties may use the same two timing options, with later installments due each year. The measure applies prospectively to assessments whose rolls are confirmed on or after the date the act becomes law.

Impact

HB436 would amend G.S. 153A-199, the statute governing payment of county assessments, by expressly authorizing counties to offer semiannual or annual installment plans and by setting out the permissible timing and structure of those plans. The bill affects county governments, property owners subject to special assessments, and local tax administration practices. It is effective when it becomes law and applies only to future assessment rolls confirmed on or after that date.

Sentiment

No committee transcript or recorded vote information is available in the provided materials, so there is no documented debate or opposition to summarize. Based on the bill text alone, the measure appears administrative and procedural rather than controversial, aimed at giving counties flexibility in how property owners pay assessments. The available legislative history shows the bill was referred to the House Finance Committee and then to Rules, Calendar, and Operations of the House.

Contention

The main policy issue is the degree of flexibility counties should have in structuring assessment repayment schedules. Supporters would likely favor the bill for making assessments easier to pay over time and for aligning payment options with local tax cycles, while any concern would likely center on administrative complexity, cash-flow timing for counties, or the length of repayment periods. No specific objections, amendments, or opposing viewpoints are included in the provided record.

Companion Bills

No companion bills found.

Previously Filed As

NC HB476

House Bill 476 / SL 2025-19

NC H436

Counties/Semiannual Assessments

NC HB1199

House Bill 1199

NC HB554

House Bill 554

NC HB187

House Bill 187

NC HB765

House Bill 765

NC HB902

House Bill 902

NC HB420

House Bill 420

NC HB1017

House Bill 1017

NC HB435

House Bill 435

Similar Bills

No similar bills found.