The House Select Committee on Property Tax Reduction & Reform advanced a proposed constitutional amendment this week to place more stringent limits on how much local governments could increase property taxes.

In a press release after the proposal passed the Select Committee, Speaker Destin Hall said, “Property tax hikes are overburdening North Carolina families, who are footing the bill while some local governments take in far more than inflation and population growth can justify. I applaud the House Select Committee on Property Tax Reduction and Reform for pursuing real reforms like the constitutional amendment on levy limits, which would ease this burden so North Carolinians can keep more of their hard-earned money.”

Rep. Brian Echevarria, a Vice Chair on the select committee, shared “What this amendment does is — at the will of the voters — require the General Assembly to establish limits on the growth rate of property tax levies, ensuring that any future increases are deliberate, transparent, and constrained within a defined policy framework that protects homeowners, renters, and business owners. Importantly, to be clear. A levy limit is not a reduction in local authority—it is a mechanism for moderating property tax bill growth, with room for exceptions for emergencies or when residents approve.”