Repeals GS 105-41, which requires personal privilege licenses for specified professions, (attorneys, physicians, dentists, veterinarians and others who practice a professional art of healing, professional engineers, registered land surveyors, architects, landscape architects, architects, photographers, real estate brokers, real estate appraisers, persons who solicit or negotiate loans on real estate for another, funeral directors, and individuals licensed under the Home Inspector Licensure Act). Makes conforming changes to GS 53-191 (pertaining to businesses exempted from the North Carolina Consumer Finance Act) and GS 105-88(b) (pertaining to loan agencies) to remove statutory reference to GS 105-41.

Repeals GS 93-12(12), which pertains to annual submission of a list of the names of all persons who are qualified as Certified Public Accountants and accountants under State law to the Secretary of Revenue and requiring personal privilege licenses issued under GS 105-41 to include such designation.

Effective for taxes imposed for taxable years beginning on or after July 1, 2024.