North Carolina 2025 Session Status: In Committee 6 D cosponsors

SB 354 — NC Breakthrough Act.

Last action — Passed 1st Reading

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced March 19, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 26% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 6 sponsors

    1 primary, 5 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (6 D).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

What changed in the latest version

15 added · 16 removed

Plain-language change summary

In the latest version of Senate Bill 354, a few lines were added and removed, but the core content remains largely intact. The key changes emphasize the health care coverage requirements and clarify taxpayer obligations for claiming credits. These adjustments help ensure that both employers and taxpayers understand their responsibilities, which ultimately aims to streamline the process for offering health insurance and accessing financial incentives. This clarity is important for ensuring compliance and facilitating better health coverage for employees.

→
Previous
Latest
FILED SENATE GENERAL ASSEMBLY OF NORTH CAROLINA Mar 19, 2025 S.B.
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2025 S 1 SENATE BILL 354 Short Title:
354 SESSION 2025 PRINCIPAL CLERK S D SENATE BILL DRS45207-NIf-69 Short Title:
A BILL TO BE ENTITLED AN ACT TO REENACT AND MODIFY THE RESEARCH AND DEVELOPMENT TAX CREDIT.
Rules and Operations of the Senate March 20, 2025 A BILL TO BE ENTITLED AN ACT TO REENACT AND MODIFY THE RESEARCH AND DEVELOPMENT TAX CREDIT.
*DRS45207-NIf-69* General Assembly Of North Carolina Session 2025 (10) Smallbusiness.–Abusinesswhoseannual receipts,combinedwiththeannual receipts of all related persons, for the applicable period of measurement did not exceed one million dollars ($1,000,000).
*S354-v-1* General Assembly Of North Carolina Session 2025 (10) Smallbusiness.–Abusinesswhoseannual receipts,combinedwiththeannual receipts of all related persons, for the applicable period of measurement did not exceed one million dollars ($1,000,000).
For the purposes of this subsection, a taxpayer provides health insurance if it pays at least fifty percent (50%) of the premiums for health care coverage that equals or exceeds the minimum provisions ofthebasichealth careplan of coverage recommended by theSmall EmployerCarrier Committee pursuant to G.S.
For the purposes of this subsection, a taxpayer provides health insurance if it pays at least fiftypercent (50%) of the premiums for health care coverage that equals or exceeds the minimum provisions ofthebasichealth care plan of coverage recommendedbytheSmall EmployerCarrier Committee pursuant to G.S.
Each year that a taxpayer claims a credit or carryforward of a credit allowed under this Article, the taxpayer shall provide with the tax return the taxpayer's certification that the taxpayer continues to provide health insurance for all of the jobs at the establishmentwith respect to which the credit was claimed.
Each year that a taxpayer claims a credit or carryforward of a credit allowed under this Article, the taxpayer shall provide with the tax return the taxpayer's certification that the taxpayer continues to provide health insurance for all of the jobs at the establishment with respect to which the credit was claimed.
No later than January 31 of each year, the Secretary of Environmental Quality shall provide an annual report to the Department listing all Page 2 DRS45207-NIf-69 General Assembly Of North Carolina Session 2025 environmental disqualifying events for which a final determination unfavorable to the taxpayer was made in the prior calendar year and shall provide the name of the taxpayer involved and the date that the disqualifying event occurred.
No later than January 31 of each year, the Secretary of Environmental Quality shall provide an annual report to the Department listing all Page 2 Senate Bill 354-First Edition General Assembly Of North Carolina Session 2025 environmental disqualifying events for which a final determination unfavorable to the taxpayer was made in the prior calendar year and shall provide the name of the taxpayer involved and the date that the disqualifying event occurred.
To claim a credit allowed by this Article, the taxpayer must provide any information required by the Secretary.
To claim a credit allowed bythis Article, the taxpayer must provide anyinformation required by the Secretary.
The Department must include in the economic incentives report required by G.S.
The Department must include in the economic incentives report required byG.S.
If part of the taxpayer's qualified North Carolina research expenses qualifies under more than DRS45207-NIf-69 Page 3 General Assembly Of North Carolina Session 2025 one subdivision of this section, the applicable percentages apply separately to each part of the expenses.
If part of the taxpayer's qualified North Carolina research expenses qualifies under more than Senate Bill 354-First Edition Page 3 General Assembly Of North Carolina Session 2025 one subdivision of this section, the applicable percentages apply separately to each part of the expenses.
Page 4 DRS45207-NIf-69
Page 4 Senate Bill 354-First Edition
⬇ Download PDF
View plain text versions (2)

Action History

  1. Passed 1st Reading

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

  3. Filed

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 5 co-sponsors · 173 not signed on

Sponsors (1)

Co-sponsors (5)

Not signed on (173)

173 members have not signed on to this bill.

Show all 173 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation education
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 354?
SB 354 is sponsored by Gladys A. Robinson (Democratic), Natalie S. Murdock (Democratic), Mujtaba A. Mohammed (Democratic), Dan Blue (Democratic), Caleb Theodros (Democratic), and Kandie D. Smith (Democratic).
What is the current status of SB 354?
This bill is in committee in the Senate. Introduced March 19, 2025. It must pass committee before a floor vote.
Where can I track SB 354?
Track SB 354 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 354

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 354

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →