North CarolinaSB 6842025-2026 SessionSenate

AN ACT TO ENACT THE PUT MONEY TO WORK IN COMMUNITIES ACT TO INCREASE AND INCENTIVIZE PHILANTHROPIC INVESTMENT IN ALL 100 COUNTIES BY PROVIDING A TAX CREDIT FOR CHARITABLE GIFTS BY TAXPAYERS TO ENDOWED FUNDS OF COMMUNITY FOUNDATIONS.

Sponsored By: Woodson Bradley (Democratic), Sophia Chitlik (Democratic), Jarrod Lowery (Republican)

In Committee

BUDGETINGCHARITABLE DONATIONSCOMMUNITY DEVELOPMENTCORPORATIONS, NONPROFITFUNDINGPUBLICREPORTINGTAX CREDITSTAXATIONTAXES, INDIVIDUAL INCOME

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsors

  • Woodson Bradley

    Democratic • Senate

  • Sophia Chitlik

    Democratic • Senate

  • Jarrod Lowery

    Republican • House

Cosponsors

  • Kandie D. Smith

    Democratic • Senate

  • Joyce Waddell

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Ref To Com On Rules and Operations of the Senate

    3/26/2025Senate
  2. Passed 1st Reading

    3/26/2025Senate
  3. Filed

    3/25/2025Senate

Bill Text

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