This bill proposes an 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 as part of a statewide property tax reduction initiative. This appropriation is supplemental and in addition to the funds previously 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 due to unforeseen circumstances, the funds currently provided to the Office of the Treasurer of State are insufficient for the continuation of essential governmental services. The emergency clause asserts that a delay in the bill's effectiveness could cause irreparable harm to the administration of these services, thus necessitating immediate enactment upon passage and approval.