Need all Congresses? Press Enter for expanded federal results.

SB 521

North Carolina Senate bill in Session 2025.

Status: in_committee. Latest action: March 26, 2025.

Community Infra. and Resilience Tax Credit.

Bill ID NC-2025-SB-521
Session 2025
Status in_committee
Committee Rules and Operations of the Senate
Senate in_committee 2025-03-26
Summary

Creates new GS 105-153.12 (Qualified investment entity tax credit), which grants qualified investment entities, as defined in the section, a nonrefundable income tax credit of 35% of its qualified investment made under the section, 50% of which may be applied in the year the investment is made, and the remainder of which may be carried forward for up to 10 years.

Sponsor
Michael Garrett
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
More Bills From This Sponsor
More Bills In This Topic
Related Topics
Same Topic Bills From Other States