House Bill No. [insert number] establishes the allocation and distribution of the Revenue Sharing Fund for Fiscal Year 2025-2026 in Louisiana, totaling $90 million. It defines "tax recipient bodies" to include local government entities such as the city of New Orleans and parish governing authorities, while excluding certain districts like the Red River Waterway District and specific levee districts. The bill outlines a distribution process based on population and homestead numbers, with direct allocations to tax collectors and specific provisions for the Monroe City School Board. It also sets limits on reimbursements for homestead exemption losses, ensuring that they are based on amounts used in 1977, adjusted for changes in homestead numbers.

Additionally, the bill details the distribution of excess funds collected from taxes, specifying how these funds should be allocated among various tax recipient bodies. It introduces new legal language requiring legislative approval for the expenditure of excess funds in certain parishes and establishes a structured timeline for fund distribution by the state treasurer. The bill mandates specific allocations for organizations like the Hardtner Medical Center and the LaSalle Association for the Developmentally Delayed, while ensuring that funds are distributed equitably among local entities. Overall, the bill aims to clarify the financial structure and ensure accountability in the distribution of tax revenues across Louisiana's local governments.