North Carolina Senate bill in Session 2025.
Status: in_committee. Latest action: March 18, 2025.
Reenact EITC.
Reenacts GS 105-151.31, the Earned Income Tax Credit (EITC) as it existed immediately before its expiration, but recodifies it as GS 105-153.12. Increases the State EITC to 10% (from 5%) of the amount the individual qualifies for under the federal earned income tax credit. Removes outdated language. Effective for taxable years beginning on or after January 1, 2025.
| Date | Event | Detail |
|---|---|---|
| 2025-03-17 | Introduced | Bill introduced |
| 2025-03-18 | Status | in_committee |
| 2025-03-18 | Latest Action | Ref To Com On Rules and Operations of the Senate |