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--- version:Edition 1+++ version:Filed@@ -1,20 +1,19 @@GENERAL ASSEMBLY OF NORTH CAROLINASESSION 2025-H 1-HOUSE BILL 1082+H D+HOUSE BILL DRH30555-MCf-287Short Title: Tax Relief for Working Families Act. (Public)-Sponsors: Representatives Longest, Pittman, Prather, and Buansi (Primary Sponsors).-For a complete list of sponsors, refer to the North Carolina General Assembly web site.-Referred to: Rules, Calendar, and Operations of the House-April 30, 2026-*H1082-v-1*+Sponsors: Representative Longest.+Referred to:++*DRH30555-MCf-287*A BILL TO BE ENTITLED 1AN ACT TO PROVIDE TAX RELIEF FOR WORKING FAMILIES BY REENACTING THE 2EARNED INCOME TAX CREDIT. 3Whereas, North Carolina families face unprecedented challenges resulting from rising 4costs; and 5-Whereas, studies have shown that the earned income tax credit results in working 6+Whereas, studies have shown that the earned income tax credit results in working 6families having additional funds for health and educational expenses; and 7Whereas, the earned income tax credit can help provide greater financial security and 8self-sufficiency to working families with children; and 9@@ -35,7 +34,7 @@(2) For all other taxable years, five percent (5%). 24(b) Credit Refundable. – If the credit allowed by this section exceeds the amount of tax 25imposed by this Part for the taxable year reduced by the sum of all credits allowable, the Secretary 26-must refund the excess to the taxpayer. The refundable excess is gover ned by the provisions 27+must refund the excess to the taxpayer. The refundable excess is governed by the provisions 27governing a refund of an overpayment by the taxpayer of the tax imposed in this Part. Section 283507 of the Code, Advance Payment of Earned Income Credit, does not apply to the credit 29allowed by this section. In computing the amount of tax against which multiple credits are 30@@ -44,3 +43,6 @@January 1, 2014." 33SECTION 2. This act is effective for taxable years beginning on or after January 1, 342026. 35+H.B. 1082+Apr 28, 2026+HOUSE PRINCIPAL CLERK
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