NC S1232

Urges U.S. Congress members from North Carolina to support legislation making expansions to the earned income tax credit, child tax credit, and American opportunity tax credit permanent.

Addresses temporary tax credit enhancements enacted through the American Recovery and Reinvestment Act in 2009 that are scheduled to expire in 2011 without Congressional action.

Notes that more than 825,000 North Carolina families benefit from the federal earned income tax credit and that these credits collectively reduced poverty by 20% and child poverty by 33% in 2009.

Identifies the expanded American opportunity tax credit as providing education benefits to 3.8 million low- and moderate-income college students for the first time.

Effective upon ratification.