A BILL TO BE ENTITLED
AN ACT to require the release of a subdivided tract of land from a tax lien upon payment of taxes due on that tract.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑362(b) reads as rewritten:
"(b)	Release of Separate Parcels from Tax Lien. – 
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(2)	When real property listed as one parcel is divided, a part thereof shall be released as provided in subdivision (b)(1), above, after the assessed valuation of the part to be released has been determined and certified to the tax collector by the tax supervisor and payment of the taxes on that part, plus any penalties, interest, and costs allowed by law, have been fully paid.
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SECTION 2.  This act is effective for taxes imposed for taxable years beginning on or after July 1, 2011.