summary
Introduced
05/02/2024
05/02/2024
In Committee
05/06/2024
05/06/2024
Crossed Over
Passed
Dead
12/13/2024
12/13/2024
Introduced Session
2023-2024 Session
Bill Summary
AN ACT TO INCREASE THE STANDARD DEDUCTION.
AI Summary
This bill proposes to increase the standard deduction amount for North Carolina state income tax purposes. Specifically, it would raise the standard deduction for married filing jointly/surviving spouses from $25,500 to $26,000, for head of household from $19,125 to $19,500, and for single and married filing separately taxpayers from $12,750 to $13,000. The changes would be effective for tax years beginning on or after January 1, 2025.
Sponsors (5)
Sydney Batch (D)*,
Michael Garrett (D)*,
Lisa Grafstein (D)*,
Gladys Robinson (D),
Kandie Smith (D),
Last Action
Ref To Com On Rules and Operations of the Senate (on 05/06/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ncleg.gov/BillLookUp/2023/S844 |
| BillText | https://www.ncleg.gov/Sessions/2023/Bills/Senate/PDF/S844v1.pdf |
| BillText | https://www.ncleg.gov/Sessions/2023/Bills/Senate/PDF/S844v0.pdf |
Loading...