The bill amends the charter of the Fort Pierce Farms Water Control District in St. Lucie County, Florida, by increasing the maximum annual maintenance tax from $25 to $60 per acre. It also introduces a limitation on annual assessment rate increases, stating that any increase cannot exceed 10 percent compared to the prior year's rate. Additionally, the bill mandates that a referendum be conducted by the Supervisor of Elections of St. Lucie County by December 31, 2026, allowing landowners within the district to vote on whether to approve the increased tax rate.

The referendum will be conducted by mail ballot, and the question posed to voters will confirm if they agree to the increase in the maximum annual maintenance tax and the stipulation regarding the annual assessment rate increase. The bill stipulates that it will only take effect upon receiving majority approval from the landowners in the district through the referendum, while the sections regarding the referendum and the effective date will take effect immediately upon becoming law.