Bill Summary for S 595 (2025-2026)
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- Alcoholic Beverage Control
- Banking and Finance
- Business and Commerce
- Consumer Protection
- Corporation and Partnerships
- Courts/Judiciary
- Motor Vehicle
- Criminal Justice
- Criminal Law and Procedure
- Government
- APA/Rule Making
- State Agencies
- Department of Revenue
- Tax
- Local Government
- Health and Human Services
- Social Services
- Adult Services
- Lottery and Gaming
- Transportation
Bill Information:
| View NCGA Bill Details | 2025-2026 Session |
AN ACT TO MAKE VARIOUS CHANGES TO THE REVENUE LAWS; TO SHIFT ENFORCEMENT OF VAPOR DIRECTORY VIOLATIONS TO THE ALE DIVISION; TO ENHANCE TAX FORECLOSURE AND SPECIAL ASSESSMENT COLLECTION EFFORTS; TO UPDATE LAWS RELATED TO CREDIT UNIONS; TO UPDATE THE REFERENCE TO THE INTERNAL REVENUE CODE; TO PROTECT DISABLED AND OLDER ADULTS FROM FINANCIAL EXPLOITATION AND TO UPDATE THE SAVINGS BANK LAWS TO INCREASE ALIGNMENT WITH THE COMMERCIAL BANKING LAWS; TO PROVIDE A METHODOLOGY OR RETAILERS TO ROUND CASH TRANSACTIONS DUE TO THE ELIMINATION OF THE PENNY; AND TO INCREASE COMPENSATION FOR MEMBERS OF THE BOARD OF TRUSTEES OF THE PIEDMONT AUTHORITY FOR REGIONAL TRANSPORTATION.Intro. by McInnis, Craven.
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Bill summary
Conference report #2 makes the following changes to the prior conference report to the 3rd edition.
Section 5.4.
Amends GS 105-251.2 (pertaining to compliance informational returns) as follows. Removes provisions requiring the State Lottery Commission to provide the Secretary with the described information related to lottery winners upon request. Amends required operator information reporting to now direct the Secretary to request that an interactive sports wagering operator report the information required in this subsection to the Secretary for every registered player that received winnings of at least $2,000 no more than once per calendar year. Defines “registered player.” Makes technical and organizational changes.
Section 16.
Amends GS 105-163.2C so that gaming operators have to withhold State income taxes from winnings when required to withhold federal income taxes under section 3402(q) of the IRS Code (was, had to withhold State income taxes in an amount of $600 or more). Extends the effective date from July 1, 2026, to January 1, 2027.