Loading chat...

NC S844

Bill

Status

Introduced

5/2/2024

Primary Sponsor

Sydney Batch

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Increases North Carolina standard deduction amounts for all filing statuses, effective for taxable years beginning January 1, 2025
  • Raises married filing jointly/surviving spouse standard deduction from $25,500 to $26,000
  • Increases head of household standard deduction from $19,125 to $19,500
  • Raises single and married filing separately standard deductions from $12,750 to $13,000
  • Sponsored by Senators Batch, Grafstein, and Garrett

Legislative Description

Middle Class Momentum Act

Individual Income

Last Action

Ref To Com On Rules and Operations of the Senate

5/6/2024

Committee Referrals

Rules and Operations of the Senate5/6/2024

Full Bill Text

No bill text available