This bill appropriates funds for the refund of local sales and use taxes by the Office of the Treasurer of State for the fiscal year ending June 30, 2026. Specifically, it allocates $1.1 billion for city shares and $990 million for county shares, both payable from the Local Sales and Use Tax Trust Fund. The bill emphasizes compliance with existing fiscal control laws and regulations during the disbursement of these funds.

Additionally, the bill includes an emergency clause, stating that the appropriations must be effective by July 1, 2025, to ensure the proper administration of essential governmental programs. This clause highlights the urgency of the bill's implementation to prevent potential harm to public services.