Bill Summary for H 384 (2025-2026)
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Summary date:
Apr 8 2025
Bill Information:
| View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO ALLOW ENLISTED MEMBERS OF THE NATIONAL GUARD WITH A RANK OF E-1 THROUGH E-5 TO DEDUCT THEIR FEDERAL BASIC PAY FROM THE STATE INCOME TAX AND TO TRANSFER ADDITIONAL SPORTS WAGERING TAX PROCEEDS TO THE GENERAL FUND.Intro. by Loftis, Schietzelt, Gable, Campbell.
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Bill summary
House committee substitute to the 1st edition makes the following changes.
Amends the proposed language in GS 105-153.5 by no longer requiring the member of the Army National Guard or Air National Guard who holds one of the specified ranks to reside in North Carolina.
Amends GS 105-113.128 by amending the allocation of the proceeds of the tax on interactive sports wagering operators by reducing amount distributed to the North Carolina Major Events, Games, and Attractions Fund to 29% (was, 30%); that remaining 1% will be credited to the General Fund. Applies to net proceeds credited on or after July 1, 2025.
Makes conforming changes to the long title.