Constitutional Amendment: Cap the State Income Tax Rate at 3.5%
Source: er.ncsbe.gov
What does this measure do?
Supports: Personal Income Tax Reduction
Lowers the top state income tax rate the constitution allows from 7% to 3.5%, starting with 2027 tax years. Your rate does not change now, since it is already set to fall to 3.49% by 2027, but future lawmakers could never raise it above 3.5% without another amendment.
Read the official ballot measure (PDF)
Proposed by: North Carolina General Assembly (Senate Bill 1080, Sens. Lisa Barnes, Michael Lee and Benton Sawrey)
Sen. Barnes, the lead sponsor, is a Republican from Franklin, Nash and Vance counties. It passed the Senate 30-18 and the House 73-46.
Source: ncleg.gov
A YES vote means
The constitution would cap the state income tax rate at 3.5%, so lawmakers could not raise it higher without voter approval.
A NO vote means
The constitutional cap stays at 7%; lawmakers keep the ability to set rates up to that limit.
Sources: ballotpedia.org · wunc.org · my.lwv.org