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Bill > S297


NC S297

NC S297
Homeschool Tax Credit


summary

Introduced
03/15/2021
In Committee
03/16/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 Session

Bill Summary

Homeschool Tax Credit

AI Summary

This bill establishes a new tax credit in North Carolina for parents who homeschool their children. The credit is worth $1,000 per qualifying child, defined as a dependent child who attended only a homeschool in the state that meets the legal requirements for homeschools. To claim the credit, taxpayers must provide the required information to the state's Department of Revenue. The credit cannot exceed the amount of state income tax owed by the taxpayer after applying other available credits.

Sponsors (10)

Last Action

Ref To Com On Rules and Operations of the Senate (on 03/16/2021)

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