North Carolina legislation · 2025-2026 Session
North Carolina S924: Reenact the Earned Income Tax Credit.
Status: In committee, April 30, 2026
What the bill says
An act to reenact the earned income tax credit.
From the introduced text:
A BILL TO BE ENTITLED AN ACT TO REENACT THE EARNED INCOME TAX CREDIT. The General Assembly of North Carolina enacts: SECTION 1. G.S. 105-151.31 is reenacted as it existed immediately before its expiration, is recodified as G.S. 105-153.12, and reads as rewritten: "§ 105-153.12. Earned income tax credit. (a) Credit. - An individual who claims for the taxable year an earned income tax credit under section 32 of the Code is allowed a credit against the tax imposed by this Part equal to a percentage five percent (5%) of the amount of credit the individual qualified for under section 32 of the Code. A nonresident or part-year resident who claims the credit allowed by this section must reduce the amount of the credit by multiplying it by the fraction calculated under G.S. 105-134.5(b) or (c), G.S. 105-153.4(b) or (c), as appropriate. The percentage is as follows: (1) For taxable year 2013, four and one-half percent (4.5%). (2) For all other taxable years, five percent (5%). (b) Credit Refundable. - If the credit allowed by this section exceeds the amount of tax imposed by this Part for the taxable year reduced by the sum of all credits allowable, the Secretary must refund the excess to the taxpayer. The refundable excess is governed by the provisions governing a refund of an …
Sponsors
- Lowe, Paul A. (D, 32) · primary sponsor
- Adcock, Gale (D, 16)
- Grafstein, Lisa (D, 13)
- Mohammed, Mujtaba A. (D, 38)
- Murdock, Natalie S. (D, 20)
- Salvador, DeAndrea (D, 39)
- Smith, Kandie D. (D, 5)
- Theodros, Caleb (D, 41)
- Waddell, Joyce (D, 40)
Latest actions
- : Ref To Com On Rules and Operations of the Senate
- : Passed 1st Reading
- : Filed
Subjects: FAMILY ISSUES, Higher education-research funding., COUNTIES; Jackson, PUBLIC, TAXATION
Common questions
- What is S924?
- S924 is a bill in the North Carolina Legislature (2025-2026 Session): Reenact the Earned Income Tax Credit.
- What does S924 do?
- In its own words: An act to reenact the earned income tax credit.
- What is the status of S924?
- In committee as of April 30, 2026. Latest action: Ref To Com On Rules and Operations of the Senate (April 30, 2026).
- Who sponsored S924?
- Lowe, Paul A. (D, 32), with 8 co-sponsors.
- Where is the official record for S924?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/S924
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.