SB 942

North Carolina Senate bill in Session 2025.

Status: in_committee. Latest action: April 30, 2026.

Reenact EITC.

Bill ID NC-2025-SB-942
Session 2025
Status in_committee
Committee Rules and Operations of the Senate
Senate in_committee 2026-04-30
Summary

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 20% (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 Removes outdated language.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, 2026.

Sponsor
Kandie D. Smith
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-04-29 Introduced Bill introduced
2026-04-30 Status in_committee
2026-04-30 Latest Action Ref To Com On Rules and Operations of the Senate
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