This bill amends the Taxpayer Relief Act of June 27, 2006, specifically focusing on the public referendum requirements for school districts seeking to increase certain taxes. Key changes include the removal of the requirement for school boards to obtain exceptions under specific subsections to exceed the tax increase index, allowing them to petition the court for additional tax rate increases if the index is insufficient to balance their budgets. The bill also modifies the timeline for compliance with budgetary provisions, extending deadlines for school boards and the Department of Education.

Additionally, the bill clarifies the process for school districts to submit referendum questions regarding tax increases, requiring them to do so 60 days prior to the relevant election. It also mandates that school districts provide information on proposed tax increases to the Department of Education, which will assess whether the increases comply with the established index. If a proposed increase exceeds the index, the school district must either reduce the increase or seek approval through a referendum. The act is set to take effect 60 days after its passage.