Bill Summary for S 75 (2017-2018)

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Bill: CONST. AMD. - MAX. INCOME TAX RATE OF 7.0% (NEW).

Summary date: 

Jun 28 2018
S.L. 2018-119

Bill Information:

View NCGA Bill Details2017-2018 Session
Senate Bill 75 (Public) Filed Tuesday, February 14, 2017
AN ACT TO AMEND THE NORTH CAROLINA CONSTITUTION TO PROVIDE THAT THE MAXIMUM TAX RATE ON INCOMES CANNOT EXCEED SEVEN PERCENT.
Intro. by Tucker, Brock, Tillman.

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Bill summary

AN ACT TO AMEND THE NORTH CAROLINA CONSTITUTION TO PROVIDE THAT THE MAXIMUM TAX RATE ON INCOMES CANNOT EXCEED SEVEN PERCENT. Enacted June 28, 2018. Effective June 28, 2018, except as otherwise provided.