Coley v. State

McGEE, Judge.

This case challenges the constitutionality of Session Law 2001-424, under which the highest income tax rate was temporarily raised from 7.75 to 8.25 percent. 2001 N.C. Sess. Laws, ch. 424, § 34.18(a). The bill was signed into law on 26 September 2001, and the new tax rate became “effective for taxable years beginning on or after January 1, 2001[.]” Id. at § 34.18(b). Plaintiffs filed a class action suit against the State of North Carolina and Norris Tolson, North Carolina’s Secretary of Revenue, (collectively, defendants) on 25 April 2003, seeking a declaration that Session Law…