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NC S437

Bill

Status

Introduced

3/24/2025

Primary Sponsor

Lisa Grafstein

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Increases North Carolina standard deduction for married filing jointly/surviving spouse from $25,500 to $26,000
  • Raises head of household standard deduction from $19,125 to $19,500
  • Increases single filer standard deduction from $12,750 to $13,000
  • Raises married filing separately standard deduction from $12,750 to $13,000
  • Effective for taxable years beginning on or after January 1, 2026

Legislative Description

Middle Class Momentum Act

Public

Last Action

Ref To Com On Rules and Operations of the Senate

3/25/2025

Committee Referrals

Rules and Operations of the Senate3/25/2025

Full Bill Text

No bill text available