The bill amends Chapter 44-5 of the General Laws, specifically by adding a new section, 44-5-75.1, which grants the town of Glocester the authority to levy a supplemental tax. This tax can be approved through a voter referendum and is allowed to exceed the current tax cap by three percent (3%) for the fiscal year 2026. The purpose of this supplemental tax is to provide funding for school department operations and to prevent the loss of essential town services.

This act is designed to address the financial needs of Glocester's school system and local services, ensuring that they remain adequately funded. The bill will take effect immediately upon its passage, allowing for timely implementation of the supplemental tax if approved by voters.