North Carolina legislation · 2025-2026 Session
North Carolina H1074: Prescription Drug Expenses Tax Deduction.
Status: Introduced, May 12, 2026
What the bill says
An act to allow an income tax deduction for prescription drug expenses.
From the introduced text:
A BILL TO BE ENTITLED AN ACT TO ALLOW AN INCOME TAX DEDUCTION FOR PRESCRIPTION DRUG EXPENSES. The General Assembly of North Carolina enacts: SECTION 1. G.S. 105-153.5 reads as rewritten: "§ 105-153.5. Modifications to adjusted gross income. ... (b) Other Deductions. - In calculating North Carolina taxable income, a taxpayer may deduct from the taxpayer's adjusted gross income any of the following items that are included in the taxpayer's adjusted gross income: ... (17) An amount, not to exceed five thousand dollars ($5,000), of the total unreimbursed out-of-pocket expenditures for prescribed medications and pharmacy cost-sharing, excluding any amounts covered by tax-favored accounts such as a Flexible Spending Account or Health Savings Account. No deduction is allowed under this subdivision for any amount of prescribed medication or pharmacy cost-sharing for which a deduction is claimed under sub-subdivision (a)(2)c. of this section for the same taxable year. ...." SECTION 2. This act is effective for taxable years beginning on or after January 1, 2026. *DRH30535-NIf-159*
Sponsors
- Reeder, Timothy (R, 9) · primary sponsor
- Chesser, Allen (R, 25) · primary sponsor
- Campbell, Grant L. (R, 83) · primary sponsor
- Paré, Erin (R, 37) · primary sponsor
- Ager, Eric (D, 114)
- Biggs, Brian (R, 70)
- Branson, Jerry (R, 59)
- Brown, Gloristine (D, 8)
- Brown, Kanika (D, 71)
- Butler, Deb (D, 18)
- Carney, Becky (D, 102)
- Carver, Todd (R, 95)
Latest actions
- : Re-ref Com On Finance
- : Reptd Fav
- : Ref to the Com on Health, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House
- : Passed 1st Reading
- : Filed
Subjects: PHARMACEUTICALS, Higher education-research funding., HEALTH SERVICES, PUBLIC, TAX DEDUCTIONS, TAXATION, CONTROLLED SUBSTANCES, TAX RETURNS
Common questions
- What is H1074?
- H1074 is a bill in the North Carolina Legislature (2025-2026 Session): Prescription Drug Expenses Tax Deduction.
- What does H1074 do?
- In its own words: An act to allow an income tax deduction for prescription drug expenses.
- What is the status of H1074?
- Introduced as of May 12, 2026. Latest action: Re-ref Com On Finance (May 12, 2026).
- Who sponsored H1074?
- Reeder, Timothy (R, 9), with 11 co-sponsors.
- Where is the official record for H1074?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H1074
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.