The bill authorizes the City of Trussville, Alabama, to increase the ad valorem tax rate for public school purposes from the current rate of $0.70 (7 mills) to a maximum of $1.99 (19.9 mills) on each one hundred dollars of assessed property value. This increase, which amounts to an additional $1.29 (12.9 mills), is contingent upon the approval of a majority of qualified voters in a special election. The proposal for this tax increase was adopted by the city council following a public hearing and at the request of the Trussville City Board of Education.

The bill also outlines the definitions relevant to the act, including terms such as "Special School Tax" and "School Funding Proposal." It specifies that the increase in the tax rate will be effective starting June 1, 2024, if approved by voters. The legal language that is inserted includes provisions for the maximum tax rate and the process for voter approval, while no deletions from current law are noted in the text provided.