The bill establishes provisions for the electronic filing of business personal property tax returns in Lauderdale County, allowing the Revenue Commissioner to create procedures for this process. It mandates that electronic returns must contain the same information as paper returns and comply with existing electronic filing procedures. Additionally, starting October 1, 2025, the Revenue Commissioner may require electronic filing for businesses engaged in leasing personal property, those with assets of $10,000 or more, or returns prepared by third-party tax preparers. A temporary exemption may be granted for good cause.

Furthermore, the bill includes a provision for the Revenue Commissioner to conduct training sessions to assist taxpayers with the electronic filing process. This act is supplemental to existing laws governing the operations of the Revenue Commissioner and is set to take effect on June 1, 2025. The new legal language inserted into the bill includes the establishment of electronic filing procedures and the requirements for certain businesses, while no specific deletions from current law are noted in the summary provided.