Two bills are pending in the General Assembly that would allow counties to delay their property revaluations.
One of the bills applies to Alamance County only, where residents, similar to some others, are upset over revaluations that could mean a hike in property taxes.
The “embattled” N.C. Rep. Cary Allred, R-Alamance, introduced a bill that would delay Alamance’s reappraisal to, at the latest, 2011. The bill was referred to the House Finance Committee last week.
A second bill, sponsored by Rep. Nelson Cole, D-Rockingham, would amend statutory law specifically to allow all counties to rescind their revaluations. It’s also assigned to the finance committee.
