North Carolina SB 233: Make Corporations Pay What They Owe.

Status: Passed 1st Reading (as of 2025-03-06)

State: North Carolina · Session: 2025 · Bill: SB 233

Subjects: CORPORATE INCOME, CORPORATIONS, FOR-PROFIT; PUBLIC; SESSION LAWS; TAXATION; TAXES

Sponsors: Applewhite, Grafstein, Chitlik, Mayfield, Meyer, Murdock, Smith, Theodros

Bill Text

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
S 1
SENATE BILL 233

Short Title: Make Corporations Pay What They Owe. (Public)
Sponsors: Senators Grafstein, Applewhite, and Murdock (Primary Sponsors).
Referred to: Rules and Operations of the Senate
March 6, 2025
*S233-v-1*
A BILL TO BE ENTITLED 1
AN ACT TO REPEAL THE CORPORATE INCOME TAX PHASEOUT. 2
The General Assembly of North Carolina enacts: 3
SECTION 1. Section 42.2 of S.L. 2021-180 is repealed. 4
SECTION 2. This act is effective when it becomes law. 5

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