Amends GS 105-317 to require a tax assessor in preparation for each revaluation of real property, to see to it that written notice, in plain, easily understood language is given to the property owner. Sets out information that must be included in the notice, including the projected increase or decrease in the appraised value of the property and the projected increase or decrease in the property’s tax liability.

Amends GS 105-328 by setting out the same requirements applicable to property subject to taxation by cities and towns located in more than one county that have not adopted the specified statutory procedures.