Adds the total federal basic pay received by an enlisted State resident who is a member of the Army National Guard or the Air National Guard and holds the rank of E-1, E-2, E-3, E-4, or E-5 as a deduction to an individual taxpayer's adjusted gross income under GS 105-153.5. Effective for taxable years beginning on or after January 1, 2025.
NCNG TAX DEDUCTION FOR FED. PAY.
Printer-friendly: Click to view
| View NCGA Bill Details | 2025-2026 Session |
AN ACT TO ALLOW ENLISTED MEMBERS OF THE NORTH CAROLINA NATIONAL GUARD WITH A RANK OF E-1 THROUGH E-5 WHO RESIDE IN NORTH CAROLINA TO DEDUCT THEIR FEDERAL BASIC PAY FROM THE INCOME TAX.Intro. by Loftis, Schietzelt, Gable, Campbell.
Status: Ref to the Com on Homeland Security and Military and Veterans Affairs, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House (House action) (Mar 13 2025)
H 384
Bill Summaries:
-
Bill H 384 (2025-2026)Summary date: Mar 12 2025 - View Summary
View: All Summaries for Bill