KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to North Carolina

S233 • 2025

Make Corporations Pay What They Owe.

Make Corporations Pay What They Owe.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Grafstein, Applewhite, Murdock, Chitlik, Mayfield, Meyer, Smith, Theodros
Last action
2025-03-06
Official status
Ref To Com On Rules and Operations of the Senate
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Make Corporations Pay What They Owe.

Make Corporations Pay What They Owe.

What This Bill Does

  • Make Corporations Pay What They Owe.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-03-06 Senate

    Ref To Com On Rules and Operations of the Senate

  2. 2025-03-06 Senate

    Passed 1st Reading

  3. 2025-03-05 Senate

    Filed

Official Summary Text

Make Corporations Pay What They Owe.

Current Bill Text

Read the full stored bill text 
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
S 1
SENATE BILL 233

Short Title: Make Corporations Pay What They Owe. (Public)
Sponsors: Senators Grafstein, Applewhite, and Murdock (Primary Sponsors).
Referred to: Rules and Operations of the Senate
March 6, 2025
*S233-v-1*
A BILL TO BE ENTITLED 1
AN ACT TO REPEAL THE CORPORATE INCOME TAX PHASEOUT. 2
The General Assembly of North Carolina enacts: 3
SECTION 1. Section 42.2 of S.L. 2021-180 is repealed. 4
SECTION 2. This act is effective when it becomes law. 5