This bill appropriates funds for state turnback to counties and municipalities for the fiscal year ending June 30, 2026. It allocates a total of $29,372,099 in general revenues to cities and $215,000,000 in special revenues to cities from the Municipal Aid Fund. Additionally, it provides $21,428,616 in general revenues and $230,000,000 in special revenues to counties from the County Aid Fund. The bill also includes provisions for unanticipated special revenues, with $15,000,000 allocated to counties and $10,000,000 to cities, as well as $300,000,000 for property tax relief to counties and $2,000,000 each for counties and cities from the Property Tax Relief Trust Fund.

Several sections of the bill include specific insertions, such as the fiscal year designation of "2025-2026" and various monetary amounts for appropriations. Notably, the bill also includes a special language section that outlines the conditions under which funds from the Property Tax Relief Trust Fund will be distributed, emphasizing the need for sufficient funds to be available. Furthermore, it establishes a loan mechanism from the Budget Stabilization Trust Fund to assist local governments with cash flow needs, ensuring that municipalities and counties receive timely financial support. An emergency clause is included to ensure the act takes effect on July 1, 2025, to prevent disruption in essential governmental programs.