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SB 478

North Carolina - Session 2025

Senate in_committee 2025-03-26
Bill Details

Title: Enhancing Ag. Opportunities in Rural NC.

Summary

Amends GS 105-130.5(b) by adding new subdivision (33), which allows banks to deduct from their state taxable income the interest, fees, and penalties received on loans secured by agricultural land as defined in GS 105-277.2.

Sponsor
Buck Newton
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-03-25 Introduced Bill introduced
2025-03-26 Status in_committee
2025-03-26 Latest Action Ref To Com On Rules and Operations of the Senate
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