RALEIGH, N.C. (WLOS) — On Friday, June 19, Governor Josh Stein signed Senate Bill 889 into law, pausing property reappraisals in Buncombe County.
Senate Bill 889, also known as the Property Tax Reappraisal Moratorium, will halt new property tax revaluations in Buncombe County, along with other counties across the state.
“The cost of living is too high. This law provides tax relief for North Carolinians who are feeling pain in their pocketbooks. But the law helps residents in only a few counties, and it is not our most effective method of lowering costs,” Stein said in a news release…