This bill proposes to levy an ad valorem tax in Wilcox County to replace an expiring tax that is set to conclude in 2027. Specifically, it seeks to increase the current tax rate from 10 mills to a maximum of 19 mills on each dollar of assessed value, which represents an increase of nine mills. The increase will be implemented simultaneously with the expiration of the existing tax, ensuring that there is no net increase in the total ad valorem tax rate levied in the county. The proceeds from the increased tax will be allocated with two mills going to the county general fund and seven mills designated for the Wilcox County Board of Education for public school purposes.

The bill outlines that the proposed increase in the tax rate is contingent upon the approval of a majority of qualified voters in the county during the next election. Additionally, it includes new legal language that specifies the terms and definitions related to the tax, such as "BOARD AND COUNTY TAX," "EXPIRING TAX," and "RENEWAL PROCESS." The act is set to take effect on June 1, 2026, if approved.