Amends GS 105-153.5(c2) (pertaining to decoupling adjustments in determining modifications to adjusted gross income) to delete decoupling provision related to discharge of certain student loans. Effective for taxable years beginning on or after January 1, 2025.
STUDENT TAX REDUCTION (STAR) ACT.
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| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO ELIMINATE THE TAX BURDEN ON STUDENT DEBT RELIEF.Intro. by Smith, Grafstein.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (May 6 2024)
Bill History:
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Thu, 2 May 2024 Senate: Filed
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Mon, 6 May 2024 Senate: Passed 1st Reading
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Mon, 6 May 2024 Senate: Ref To Com On Rules and Operations of the Senate
S 812
Bill Summaries:
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Bill S 812 (2023-2024)Summary date: May 2 2024 - View Summary
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