HB 387 North Carolina House · 2025-2026 Session

Eliminate Tax on Government Retirees.

HB 387 would exempt retirement income from North Carolina state income tax for retirees receiving payments from North Carolina state or local government retirement plans, or from federal government retirement plans (excluding certain federal plans covered elsewhere). The bill amends tax law to allow these retirees to deduct this income when calculating their taxable income, aligning with existing court rulings on the issue. This change would take effect for tax years beginning January 1, 2026.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2025

Committee Review

Floor Vote

Governor

Introduced Mar 12, 2025 Last action Mar 13, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Filed → Edition 1 · 3 edits

MINOR

This bill version update primarily involves administrative and formatting changes rather than substantive policy modifications. The bill number and version identifiers were updated, and sponsor information was expanded to include a co-sponsor while adding a reference to the official website for a complete sponsor list. The referral information was also updated with a new date and additional committee assignments.

TECHNICAL

Updated bill identifier from DRH40183-NIf-55 to H387-v-1 to reflect the new edition version.

Added Representative Huneycutt as a co-sponsor and included a reference directing readers to the North Carolina General Assembly website for a complete list of sponsors.

Updated the referral date from March 12, 2025 to March 13, 2025 and added additional committee assignments (State and Local Government, Finance, Rules, Calendar, and Operations of the House).

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 13, 2025

Committee

Ref to the Com on State and Local Government, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House

lower

Mar 12, 2025

Introduced

Filed

lower

1 primary · 4 co-sponsors