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Vol. 2026 · Bill Detail · Special Edition

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Wednesday, September 2, 2026

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NC · S595INTRO · 0 COSPONSORS

Various Revenue Laws Changes

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Where it is in the process
Plain-English Summary

This bill makes several changes to North Carolina's tax laws. It adjusts how certain business losses and deductions are handled for income tax purposes and modifies rules for withholding taxes. The bill also provides a tax credit for certain timber casualty losses and waives interest on some tax underpayments for taxpayers in specific disaster-declared counties. Additionally, it addresses rounding for cash transactions due to the elimination of the penny and makes other revenue-related updates.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes
Sponsorship · 2 Sponsors
Democrat0Republican2Independent0Other0
  • R · PrimeThomas McInnis
  • R · PrimeDavid Craven
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