House amendment to the 4th edition makes the following changes.

Amends the act’s long title.

Adds the following, applicable only to public service company system property located in a county subject to the act’s property tax reappraisal moratorium. Designates this property as a special class that is assessed for taxation under this section. Repeals GS 105-284(b) (which required that the assessed value of public service company system property subject to appraisal by the Department of Revenue under GS 105-335(b)(1) be determined by applying to the allocation of such value to each county a percentage to be established by the Department of Revenue). Effective for taxes imposed for taxable years beginning on or after July 1, 2026, and expires for taxes imposed for taxable years beginning on or after July 1, 2027.