The bill proposes a supplemental appropriation of $25,000,000 from the Property Tax Relief Trust Fund to the Office of the Treasurer of State for the purpose of distributing funds to counties for property tax relief. This appropriation is in addition to the funds already allocated by Act 140 of 2024. 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 unforeseen circumstances have rendered the current funds insufficient for the Office of the Treasurer of State to continue providing essential governmental services. The emergency declaration allows the act to take effect immediately upon passage and approval, ensuring that necessary funds are available without delay. If the bill is neither approved nor vetoed by the Governor, it will automatically take effect after the veto period.