Senate Bill 474
Coverage of Senate Bill 474 in the Nexus archive.
- Stein approves 17 laws for North Carolina, including regulations on crypto ATMs
North Carolina Governor Josh Stein signed 17 laws, including regulations for cryptocurrency ATMs under House Bill 920 and property tax changes via Senate Bill 474. The laws include measures to limit crypto ATM fees, require fraud warnings, and adjust property tax revaluation moratoriums in specific counties.
- Bill to change NC counties under property tax hike freeze hits snag
A North Carolina bill to modify the list of counties under a property tax revaluation freeze (Senate Bill 474) stalled in the Senate due to constitutional concerns, despite Governor Josh Stein's support. The bill aims to remove Buncombe, Harnett, and Scotland counties from the freeze while adding Chowan and Pamlico, but faced opposition from Republican Sen. Steve Jarvis, who cited constitutional issues with a section of the bill.
- NC property tax moratorium bill nears the finish line
North Carolina's House passed Senate Bill 889 to block some local governments from using new property tax revaluations in 2026, with a largely party-line vote. The bill faces concerns over reduced funding for schools and public services in affected counties, and a companion bill (SB 474) remains pending. The legislation aims to address rising property taxes but has sparked debate over financial impacts on counties.