North Carolina lawmakers kicked off the year’s legislative session on Wednesday by filing a flurry of bills on topics ranging from gambling to taxes to balloons.
Votes aren’t expected for several weeks as the General Assembly restarts its business, but the initial rush of bills can give some insight into what issues may dominate the session…
Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed [a] bill to allow for a state income tax deduction for gambling losses.
The bill would allow North Carolinians choosing the itemized deduction to deduct wagering losses from their taxable income, as allowed under Section 165(d) of the Internal Revenue Code.
