Amends the Charter for the Town of Walkertown, found in SL 1983-936, by adding a new Section 10.1, which provides as follows. 

Empowers the Town Council, by ordinance, to regulate the uses of buildings and structures for trade, industry, residence, recreation, public activities, or other purposes, and the uses of land for trade, industry, residence, recreation, agriculture, water supply conservation, soil conservation, forestry, or other purposes. Allows dividing the Town's territorial jurisdiction into districts and allows for the regulation and restriction of  the erection, construction, reconstruction, alteration, repair, or use of buildings, structures, or land within those districts. Specifies additional requirements for such regulations. Also allows for the creation of special use districts in addition to general use districts. Sets out the requirements for a person petitioning for rezoning of a tract of land where special use districts are authorized. Sets out additional requirements depending on whether the petition is for general use district zoning or special use district zoning. Specifies what conditions may be included in a special use permit issued by the Town Council.  States that it is the intent of the new section to permit the creation of districts for specific uses and the imposition of reasonable conditions in order to secure the public health, safety, and welfare, and ensure that substantial justice be done.