House Bill No. [insert bill number] establishes the allocation and distribution of the Revenue Sharing Fund for Fiscal Year 2026-2027 in Louisiana, totaling $90 million. It defines "tax recipient bodies" to include local government entities such as the city of New Orleans, parish governing authorities, and school boards, 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 addresses reimbursement for homestead exemption losses and establishes a special fund for tax collectors' commissions and retirement contributions.

The bill further details the distribution of excess funds collected from taxes, ensuring equitable allocation among various tax recipient bodies. It specifies that if the distribution to the tax collector and the city of New Orleans falls short of reimbursement needs, funds will be prorated among the tax recipient bodies. Additionally, it sets minimum allocations for certain districts and outlines how excess funds should be distributed, prioritizing public school populations and local municipalities. The bill mandates that the state treasurer distribute one-third of the allocated funds by specified deadlines and requires tax collectors to provide necessary information for fund computation, all while capping the total allocation at ninety million dollars.