Repeal the Transfer Tax

The NC Senate has overwhelmingly approved SENATE BILL 1951 – legislation that repeals the authority given last year to counties to impose a real estate transfer tax if approved by local voters. Now, the bill goes to the NC House of Representatives for consideration. It’s important that we move quickly because budget negotiations are on the fast track and we can’t let our state legislators leave Raleigh without fully considering a repeal of this tax on homeownership.

WE NEED YOU TO E-MAIL YOUR MEMBERS OF THE NC HOUSE AND ASK THEM TO ENCOURAGE THE HOUSE LEADERSHIP TO HEAR THE BILL – SENATE BILL 1951 – REPEAL COUNTY LAND TRANSFER TAX.

Last year, the transfer tax was included in the state’s budget bill along with hundreds of other issues. It has never been discussed as a stand alone bill by members of the NC House. The issue deserves to be heard and voted on.

The North Carolina Realtor’s Association has set up an easy and automatic way for you to send an email to request a repeal on this tax.