House committee substitute deletes the content of the 1st edition, except as follows. 

Maintains the provisions of previous Section 2.1, which deems Extra Credit Grants and COVID-19 Recovery Rebates, as defined, not to be considered income for purposes of determining a person's eligibility under the elderly or disabled property tax homestead exclusion of GS 105-277.1. Expands the provisions to also deem Extra Credit Grants and COVID-19 Recovery Rebates not to be considered income for purposes of determining a person's eligibility under the property tax homestead circuit breaker, GS 105-277.1B.

Adds the following content. 

States that the Secretary of Revenue (Secretary) has extended the State tax filing for individuals for the 2020 tax year from April 15 to May 17, 2021. Provides that the Secretary will waive the penalty to failure to file an individual income tax return, including a partnership and estate and trust tax return, or pay individual income tax return if the return is filed and the tax due is paid by May 17, 2021. Establishes that interest will not accrue from April 15, 2021, through May 17, 2021, on any underpayment of tax imposed on an individual income tax due April 15, 2021.

Extends the statute of limitations for individual income tax for obtaining a refund to May 17, 2021, for refund claims for which the statute of limitations to seek a refund expires on or after April 15, 2021, and before May 17, 2021. 

Corrects the statute referenced in the lead-in language of Section 3 of SL 2021-5 to amend GS 96-14.2(b) (concerning the partial weekly unemployment benefit amount), rather than GS 96-14(b) (which was repealed in 2013).

Makes conforming changes to the act's titles.