A BILL TO BE ENTITLED
AN ACT to conform the state income tax personal exemption and standard deduction amounts to the federal amounts.
The General Assembly of North Carolina enacts:
SECTION 1.  Subdivisions (4) and (4a) of G.S. 105‑134.6(c) are repealed.
SECTION 2.  G.S. 105‑134.6(c)(3) reads as rewritten:
"(c)	Additions. – The following additions to taxable income shall be made in calculating North Carolina taxable income, to the extent each item is not included in taxable income:
…
(3)	Any amount deducted from gross income under section 164 of the Code as state, local, or foreign income tax or as state or local general sales tax to the extent that the taxpayer's total itemized deductions deducted under the Code for the taxable year exceed the standard deduction allowable to the taxpayer under the Code."
SECTION 3.  This act is effective for taxable years beginning on or after January 1, 2011.