Senate committee substitute makes the following changes to 2nd edition.
Amends GS 105-362(b) to provide that the assessed valuation of the part of a parcel of land to be released be determined and certified to the tax collector by a county assessor (was, tax supervisor). Makes conforming changes replacing the term tax supervisor with county assessor wherever it occurs. Provides that the subdivision of the parcel does not apply upon a showing of good cause by the tax collector based on the tax payment history of the owner of the parent parcel.