---
type: "Bill"
title: "Simplify Builder Inventory Exclusion."
description: "Simplify Builder Inventory Exclusion."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2019"
identifier: "HB 492"
citation: "North Carolina HB 492 (2019)"
classification: ["bill"]
subjects: ["APPRAISALS", "CONSTRUCTION", "PRESENTED", "PROPERTY", "PUBLIC", "RATIFIED", "REAL ESTATE", "TAX EXEMPTIONS", "TAXATION", "TAXES", "PROPERTY", "CHAPTERED", "CONSTRUCTION INDUSTRY"]
status: "enacted"
primary_sponsors: ["Brody", "Howard"]
version_count: 6
action_count: 31
vote_count: 2
first_action: "2019-03-27"
last_action: "2019-07-19"
source: "openstates"
source_identifier: "ocd-bill/89f6a6c7-9e35-432d-9eee-e36b07fa6699"
source_url: "http://www.ncleg.net/gascripts/BillLookUp/BillLookUp.pl?Session=2019&BillID=H492&votesToView=all"
source_hash: "9080cf16d87b0ce838bd729db19421f8e1697bb4dad2789425bef73443dc5377"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nc"]
---

# North Carolina HB 492 (2019) — Simplify Builder Inventory Exclusion.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Filed** (filed) — [source](http://www.ncleg.net/Sessions/2019/Bills/House/PDF/H492v0.pdf)
2. **Edition 1** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/House/PDF/H492v1.pdf)
3. **Edition 2** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/House/PDF/H492v2.pdf)
4. **Edition 3** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/House/PDF/H492v3.pdf)
5. **Ratified** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/House/PDF/H492v4.pdf)
6. **SL 2019-123** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/House/PDF/H492v5.pdf)

## Votes

- Second Reading — **43–0** (pass) · upper
- Second Reading — **114–0** (pass) · lower

## Sponsors

- Brody — primary (person)
- Howard — primary (person)
- B. Turner — cosponsor (person)
- Majeed — cosponsor (person)
- Willingham — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-07-19** Ch. SL 2019-123 `became-law`
- **2019-07-19** Signed by Gov. 7/19/2019 `executive-signature`
- **2019-07-09** Pres. To Gov. 7/9/2019 `executive-receipt`
- **2019-07-08** Ratified
- **2019-07-02** Ordered Enrolled
- **2019-07-02** Passed 3rd Reading `passage, reading-3`
- **2019-07-02** Passed 2nd Reading `reading-2`
- **2019-07-01** Placed On Cal For 07/02/2019
- **2019-07-01** Withdrawn From Cal
- **2019-06-27** Placed On Cal For 07/01/2019
- **2019-06-27** Withdrawn From Cal
- **2019-06-26** Reptd Fav `committee-passage-favorable`
- **2019-06-25** Re-ref Com On Rules and Operations of the Senate `referral-committee`
- **2019-06-25** Reptd Fav `committee-passage-favorable`
- **2019-06-21** Re-ref to Finance. If fav, re-ref to Rules and Operations of the Senate `referral-committee`
- **2019-06-21** Withdrawn From Com
- **2019-05-06** Ref To Com On Rules and Operations of the Senate `referral-committee`
- **2019-05-06** Passed 1st Reading `reading-1`
- **2019-05-06** Regular Message Received From House
- **2019-05-03** Regular Message Sent To Senate
- **2019-05-02** Passed 3rd Reading `passage, reading-3`
- **2019-05-02** Passed 2nd Reading `reading-2`
- **2019-05-01** Placed On Cal For 05/02/2019
- **2019-05-01** Cal Pursuant Rule 36(b)
- **2019-05-01** Reptd Fav Com Sub 2 `committee-passage-favorable`
- **2019-04-30** Re-ref Com On Rules, Calendar, and Operations of the House `referral-committee`
- **2019-04-30** Reptd Fav Com Substitute `committee-passage-favorable`
- **2019-04-29** Serial Referral To Finance Stricken
- **2019-03-28** Ref to the Com on Commerce, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House `referral-committee`
- **2019-03-28** Passed 1st Reading `reading-1`
- **2019-03-27** Filed `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/89f6a6c7-9e35-432d-9eee-e36b07fa6699`. Confidence: reported (aggregated from official North Carolina legislature records).