During June 2017, the North Carolina legislature passed legislation that included various income tax and sales tax provisions as part of the state budget. Gov. Roy Cooper vetoed the state's budget bill, S.B. 257, but the budget was enacted when the legislature overrode his veto on June 28, 2017. The budget bill includes corporate and personal income tax rate reductions, sales and use tax exemptions, and amendments to various credits and incentives.

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