House committee substitute to the 1st edition makes the following changes.

Amends the description of the property that is to be added to the corporate limits of the Town of Beaufort. 

Deletes the provision that allowed the specified towns in Carteret County to regulate navigable waters within their boundaries. 

Changes the effective date of the act from when it becomes law to June 30, 2019. Specifies that property in the described territory as of January 1, 2019, is subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2019.

Makes conforming changes to the act's titles.