NC H880

Creates a new class of property called "beekeeping land" eligible for present-use value (agricultural) tax benefits under North Carolina law.

Beekeeping land must be individually owned, consist of 5 to 20 acres, contain at least 50 hives, and be used year-round to raise bees for sale of bees or bee products other than honey.

Property must meet income requirements for agricultural land and be operated under a sound management program requiring forage provision for bees and certification by a recognized county agricultural agency that hive density is appropriate for the tract size.

Effective for tax years beginning on or after July 1, 2017, with beekeeping land qualifying for tax benefits if it met all requirements for the three preceding taxable years.