The bill requires the Department of Revenue (DOR) to submit a report detailing the year-to-date net state tax revenue for the current fiscal year, projections for the remainder of the fiscal year, and an assessment of whether net state tax revenue may exceed the allowable state tax revenue as defined by Chapter 62F. The report includes specific figures such as the year-to-date net state tax revenue, which is reported as $2,692,201,984, and estimates for the full fiscal year net state tax revenue and allowable state tax revenue, projected at $41,950,290,464 and $48,126,236,596 respectively. The DOR also estimates that net state tax revenue will be below the allowable state tax revenue by $6,175,946,132.

Additionally, the bill clarifies that the 4% income surtax revenue will not be subject to the limitations established by Chapter 62F, as indicated in subsection (d) of section 2BBBBBB of section 17 of chapter 29. The report highlights the importance of these figures for fiscal planning and compliance with state tax revenue regulations, ensuring that the DOR provides accurate and timely information to the relevant legislative committees and stakeholders.