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N.C. House OKs Mecklenburg revaluation bill

By Jim Morrill
jmorrill@charlotteobserver.com

The N.C. House Wednesday unanimously passed a bill to redo Mecklenburg County’s flawed 2011 revaluation.

The bill, which has passed the Senate, is expected to go to Gov. Pat McCrory for his signature. One sponsor, Democratic Rep. Trish Cotham of Matthews, said she’d like the governor to sign the bill in Charlotte.

The measure would give refunds to property owners assessed too highly.

It calls for the county to update its property records and to hold a new revaluation within 18 months. The owner of a property that was overvalued in 2011 would receive refunds with interest. But anyone whose property was appraised too low would get a new bill.

An independent study last year found widespread errors or discrepancies in the 2011 revaluation.

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