Amends GS 105-277.3, which defines three classes of property (agricultural land, horticultural land, and forestland) eligible for taxation on the basis of the value of the property in its present use under GS 105-277.4. Amends the income requirement of the class of property defined as agricultural land, which requires the land to have produced an average gross income of at least $1,000 for the preceding three years to claim the benefit, to no longer exclude honey sales from the computation of gross income from agricultural land (currently includes income from the sale of products derived from beehives other than honey). Effective for taxable years beginning on or after July 1, 2023.