House amendment #1 adds new Section 5 to the act. Amends GS 105-275 to exempt from property tax a mobile classroom or modular unit that is occupied by a school and is wholly and exclusively used for educational purposes as defined in GS 105-278.4(f), regardless of the ownership of the property. Adds that the term school means a public school, including any school operated by a local board of education in a local school administrative unit; a nonprofit charter school; a regional school; a nonprofit nonpublic school regulated under Article 39 of GS Chapter 115C; or a community college established under Article 2 of GS Chapter 115D. Effective for taxes imposed for taxable years beginning on or after July 1, 2017.

House amendment #2 makes the following changes to Section 1 of the act.

Deletes the proposed changes to GS 115C-218.7(b). Instead amends the statute to provide that enrollment growth of more than 20% is considered a material revision of the charter for any charter school identified as low-performing. Makes conforming change to remove the requirement that the State Board of Education must find that the charter school is not currently identified as low-performing in order to approve additional enrollment growth of greater than 20%. Adds new subsection (b1) to the statute. Establishes that enrollment growth of more than 30% is considered a material revision of the charter for any charter school that is not identified as low-performing, and requires the State Board of Education to make four findings, as specified, before approving additional enrollment growth of greater than 30% (substantively identical to the previously proposed changes to GS 115C-218.7(b)).

Deletes the proposed changes to GS 115C-218.8(1). Instead amends the statute to provide that it is not considered a material revision of a charter, and does not require State Board approval, for a charter school to increase its enrollment during the charter school's second year and annually thereafter in accordance with GS 115C-218.7(b), as amended, and GS 115C-218.7(b1), as enacted.