Eliminates income tax on retirement benefits from North Carolina state, local, and federal government plans.
The bill modifies North Carolina's tax code to exempt income from state, local, and federal government retirement plans from state income tax. This change applies to taxable years beginning on or after January 1, 2026. The exemption includes retirement benefits from North Carolina state, local, and federal government plans.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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