FILED SENATE
May 2, 2024
GENERAL ASSEMBLY OF NORTH CAROLINA
S.B. 844
SESSION 2023 PRINCIPAL CLERK
S D
SENATE BILL DRS45418-NIf-159
Short Title: Middle Class Momentum Act. (Public)
Sponsors: Senators Batch, Grafstein, and Garrett (Primary Sponsors).
Referred to:
1 A BILL TO BE ENTITLED
2 AN ACT TO INCREASE THE STANDARD DEDUCTION.
3 The General Assembly of North Carolina enacts:
4 SECTION 1. G.S. 105-153.5(a) reads as rewritten:
5 "(a) Deduction Amount. – In calculating North Carolina taxable income, a taxpayer may
6 deduct from adjusted gross income either the standard deduction amount provided in subdivision
7 (1) of this subsection or the itemized deduction amount provided in subdivision (2) of this
8 subsection. The deduction amounts are as follows:
9 (1) Standard deduction amount. – The standard deduction amount is zero for a
10 person who is not eligible for a standard deduction under section 63 of the
11 Code. For all other taxpayers, the standard deduction amount is equal to the
12 amount listed in the table below based on the taxpayer's filing status:
13 Filing Status Standard Deduction
14 Married, filing jointly/surviving spouse $25,500$26,000
15 Head of Household 19,12519,500
16 Single 12,75013,000
17 Married, filing separately 12,750.13,000.
18 …."
19 SECTION 2. This act is effective for taxable years beginning on or after January 1,
20 2025.
*DRS45418-NIf-159*


Statutes affected:
Filed: 105-153.5
Edition 1: 105-153.5