NC S548

Establishes a two-year resolution of consideration period before municipalities can adopt a resolution of intent to annex, requiring at least one year to pass between the two resolutions.

Changes the effective date of annexation from a flexible 40-400 day window to a fixed date of June 30 following adoption of the annexation ordinance for involuntary annexations.

Prohibits annexation of land used for bona fide farm purposes without written consent of the property owner.

Requires municipalities to obtain approval from the county board of commissioners before annexing territory in a county other than the municipality's primary county, conducted after a public hearing at least 25 days after advertisement.

Creates Local Government Commission oversight of annexations including fiscal feasibility review, prohibition of further annexations by municipalities that fail to provide required services, and biennial reporting to the General Assembly on annexation activity and service provision compliance.

Requires municipalities to enter into utility service agreements with counties before annexing areas where the county provides water and sewer services, with specific agreement contents and public hearing requirements.