Enacts new GS 105-153.12, which provides an income tax credit for a taxpayer who (1) is allowed an exemption for a qualifying relative under Section 152 of the Code and (2) has an adjusted gross income less than the specified amounts, ranging from $75,000 to $150,000 depending on filing status. Sets the amount of the credit at $15,000 if the qualifying relative is a military veteran and at $12,000 for any other qualifying relative. Effective for taxable years beginning on or after January 1, 2025.