A BILL TO BE ENTITLED
AN ACT to exempt real and personal property located on tribal lands from property tax regardless of ownership.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑275 is amended by adding a new subdivision to read:
"§ 105‑275.  Property classified and excluded from the tax base.
The following classes of property are designated special classes under Article V, Sec. 2(2), of the North Carolina Constitution and are excluded from tax:
…
(48)	Real and personal property located on lands held in trust by the United States for the Eastern Band of the Cherokee Indians, regardless of ownership."
SECTION 2.  This act is effective for taxes imposed for taxable years beginning on or after July 1, 2015.