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NC S819

Bill

Status

Introduced

5/5/2016

Primary Sponsor

Joyce Krawiec

Click for details

Origin

Senate

2015-2016 Session

AI Summary

  • Excludes military pay from North Carolina taxable income for active service members who are state residents but stationed outside North Carolina due to military orders.
  • Applies only when service members are reassigned to a permanent duty station located outside the state and are absent solely due to military orders.
  • Effective for taxable years beginning on or after January 1, 2016.
  • Amends G.S. 105-153.4(a) to add the military pay exclusion to the definition of North Carolina taxable income for residents.

Legislative Description

Military State Income Tax Relief

Last Action

Ref To Com On Finance

5/9/2016

Committee Referrals

Finance5/9/2016

Full Bill Text

No bill text available