North Carolina S1080 proposes a constitutional amendment to limit the state income tax rate to 3.5%.

North Carolina S1080 seeks to amend the state constitution to cap the maximum tax rate on incomes at 3.5%. The bill allows for personal exemptions and deductions, ensuring only net incomes are taxed. The amendment will be presented to voters in the November 3, 2026, election. If approved by a majority, the amendment will take effect for taxable years starting January 1, 2027.

North Carolina S1080 proposes a constitutional amendment to limit the state income tax rate to 3.5%.

North Carolina S1080 seeks to amend the state constitution to cap the maximum tax rate on incomes at 3.5%. The bill allows for personal exemptions and deductions, ensuring only net incomes are taxed. The amendment will be presented to voters in the November 3, 2026, election. If approved by a majority, the amendment will take effect for taxable years starting January 1, 2027.