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NC S233

Bill

Status

Introduced

3/5/2025

Primary Sponsor

Lisa Grafstein

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Repeals Section 42.2 of S.L. 2021-180, which established the phaseout of North Carolina's corporate income tax
  • Reverses the previously enacted plan to gradually eliminate the state's corporate income tax rate
  • Effective immediately upon becoming law
  • Sponsored by Senators Grafstein, Applewhite, and Murdock
  • Referred to the Senate Rules and Operations Committee on March 6, 2025

Legislative Description

Make Corporations Pay What They Owe

Public

Last Action

Ref To Com On Rules and Operations of the Senate

3/6/2025

Committee Referrals

Rules and Operations of the Senate3/6/2025

Full Bill Text

No bill text available