Enacts new GS 150-277.1E, secure home and future property tax relief, providing the following relief from property tax. Designates a permanent residence owned and occupied by a qualifying owner as a special class of property that is to be taxed as follows. Defines a qualifying owner as one who meets all of the following as of January 1 preceding the taxable year for which the benefit is claimed: (1) the owner has owned and occupied the property as a permanent residence for the previous 15 consecutive years; and (2) the owner is a North Carolina resident. Prohibits the amount of the tax from exceeding the greater of: (1) the principal amount of tax due for the preceding tax year, increased by 2%, or (2) the amount determined under the provision requiring recalculation when the value of the property increases. Allows a qualifying owner to defer the portion of the principal amount of tax imposed for the current tax year that exceeds the amount due. Specifies that a qualifying owner does not lose the tax benefit due to a temporary absence from the residence for reasons of health, or because of an extended absence while confined to a rest home or nursing home, so long as the residence is unoccupied or occupied by the owner’s spouse or dependent. Allows for deferred taxes. A property loses eligibility upon one of the following disqualifying events: (1) the owner transfers the residence (unless, (i) the owner transfers the residence to a co-owner or, as part of a divorce proceeding, to his or her spouse and (ii) that individual occupies or continues to occupy the property as his or her permanent residence); (2) the owner dies (unless (i) the owner's share passes to a co-owner of the residence or to his or her spouse and (ii) that individual occupies or continues to occupy the property as his or her permanent residence; or (3) the owner ceases to use the property as a permanent residence. Sets out provisions governing when the residence is owned and occupied by multiple people. Requires the Local Government Division (Division) of the North Carolina Department of Revenue to post information about this tax relief on its website, including information on who qualifies and how a qualifying taxpayer may apply for tax relief. Also requires the Division, in conjunction with county tax assessors, to create a presentation to be used by county tax assessors at community workshops to educate taxpayers on this relief. Requires the Division to report annually, beginning in 2028, on the effectiveness of this tax relief to the specified NCGA committee; sets out items that must be included in the report. Requires that committee to review the effectiveness of this tax relief at least every five years to determine whether adjustments are needed.

Makes conforming changes to the definition of property tax relief in GS 105-277.1.

Amends GS 105-277.1F (uniform provisions for payment of deferred taxes) so that it applies to new GS 105-277.1E.

Amends GS 105-282.1, concerning the application for the property tax benefit, so that it also applies to new GS 105-277.1E.

Makes conforming changes to GS 105-284 (uniform assessment standard).

Effective for taxes imposed for taxable years on or after July 1, 2026.