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NC H46

Bill

Official Source

Status

Introduced

2/2/2023

Primary Sponsor

George Cleveland

Click for details

Origin

House of Representatives

2023-2024 Session

AI Summary

  • Exempts income from North Carolina state government retirement plans from state income tax.

  • Exempts income from North Carolina local government retirement plans from state income tax.

  • Exempts income from federal government retirement plans from state income tax.

  • Effective for taxable years beginning on or after January 1, 2024.

Legislative Description

Eliminate Tax on Gov't Retirees

Local Government; Personnel; Public; Retirement; State Employees; Tax Exemptions; Taxation; Taxes

Last Action

Ref to the Com on Finance, if favorable, Rules, Calendar, and Operations of the House

2/6/2023

Committee Referrals

Finance2/6/2023

Full Bill Text

No bill text available