North Carolina S781 establishes a tax credit for businesses that pay wages for employee health insurance premiums.

North Carolina S781 introduces a tax credit for businesses that cover wages for employee health insurance premiums. Eligible businesses can claim a credit of up to $400 per qualifying employee, with an aggregate limit of $5 million annually. The Department of Revenue reviews applications on a first-come, first-served basis, and must report annually to the Joint Legislative Committee on Governmental Operations. The credit applies to taxable years starting from January 1, 2026.

North Carolina S781 establishes a tax credit for businesses that pay wages for employee health insurance premiums.

North Carolina S781 introduces a tax credit for businesses that cover wages for employee health insurance premiums. Eligible businesses can claim a credit of up to $400 per qualifying employee, with an aggregate limit of $5 million annually. The Department of Revenue reviews applications on a first-come, first-served basis, and must report annually to the Joint Legislative Committee on Governmental Operations. The credit applies to taxable years starting from January 1, 2026.