CONST. AMD. - MAX. INCOME TAX RATE OF 5.5%.

View NCGA Bill Details2015-2016 Session
Senate Bill 817 (Public) Filed Thursday, May 5, 2016
AN ACT TO AMEND THE NORTH CAROLINA CONSTITUTION TO PROVIDE THAT THE MAXIMUM TAX RATE ON INCOMES CANNOT EXCEED FIVE AND ONE-HALF PERCENT.
Intro. by Rucho, Rabon, Tillman.

Status: Re-ref Com On Rules and Operations of the Senate (Senate Action) (Jun 24 2016)

Bill History:

S 817

Bill Summaries:

  • Summary date: May 5 2016 - More information

    Subject to approval by voters at the statewide election on November 8, 2016, amends Section 2 to Article V of the North Carolina Constitution by capping the rate on incomes at 5.5% (currently capped at 10%). If approved, effective for taxable years beginning on or after January 1, 2017.


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