Removes the two described tracts from the corporate limits of the Town of Four Oaks. Specifies that this act has no effect upon the validity of any liens of the Town for ad valorem taxes or special assessments outstanding before the act's effective date; allows those liens to be collected or foreclosed upon after the effective date of this act as though the property were still within the Town's corporate limits. Effective June 30, 2025. Specifies that property in the described area as of January 1, 2025, is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2025.