Bill Summary for H 1080 (2019-2020)

Summary date: 

Jun 24 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
House Bill 1080 (Public) Filed Thursday, May 14, 2020
AN ACT TO MAKE VARIOUS CHANGES TO THE REVENUE LAWS AND TO CODIFY THE INSURANCE REGULATORY CHARGE.
Intro. by Howard, Ross, Setzer, Szoka.

View: All Summaries for BillTracking:

Bill summary

Senate amendment makes the following changes to the 4th edition.

Eliminates the proposed changes to GS 105-153.5, modifying the itemized deduction individual taxpayers may elect to deduct from their adjusted gross income for medical and dental expenses.

Adds new Part IX, directing the State Controller to transfer $36 million in nonrecurring funds for 2020-21 from the Medicaid Transformation Reserve to the General Fund. Effective July 1, 2020.

Makes conforming organizational changes. 

© 2020 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view