NC S561

Removes the classification of leasehold interests in exempt real property as excluded intangible personal property, treating them like other intangible property for tax purposes, effective for taxable years beginning July 1, 2019.

Changes the situs (location) for criminal violations of tax law from the Secretary's office in Raleigh to the county where the offense occurred, allowing the local District Attorney sole jurisdiction with the Attorney General having concurrent jurisdiction if requested.

Clarifies that civil violations of tax law continue to be treated as occurring in part at the Secretary's office in Raleigh, while criminal violations are prosecuted only in the county where they occur, effective December 1, 2018.