President Biden recently announced his plan to cancel $10,000 or $20K for Pell grant recipients (which is federal student aid for lower-income students) in federal student loan debt for borrowers who earn less than $125,000 per year or under $250,000 for married couples who file jointly.  The White House estimated that nearly 90% of the relief will go to people earning less than $75,000 and possibly 20 million borrowers could have their debt completely canceled.  What a welcome relief this will be for so many of us North Carolinians who have been plagued with student debt for so many years.  But, the blessing of the $10K/$20K debt relief may be coupled with a NC state taxable curse.  It has been reported that NC is one of a few other states who plan to consider student debt relief as "taxable income." The question is WHY would the state government do this? Why not follow suit with the majority of other states which are taking their cues from the federal government and not considering the debt relief as taxable income? NC student debt relief recipients should not have to pay taxes on these funds. We should not be relieved from debt on the federal level only to incur debt on the state level. The state government should offer the same break of tax forgiveness they offered to the NC businesses and corporations who received PPP (Paycheck Protection Program) loans. If you or someone you know will be impacted during the tax filing season by this decision please sign my petition urging the NC legislators to call a special session to update NC Internal Revenue Code conformity so the state's code will match the federal code where student loan debt relief is concerned. Contact your representatives and urge them DO NOT TAX STUDENT DEBT RELIEF FUNDS!!!