This bill mandates that prior to a vote to impose an excess tax levy, both school districts and taxing districts must hold a public hearing and provide advance notice to taxpayers. Specifically, at least ten days before the vote, the respective boards must publish a notice in a local newspaper detailing their intent to impose the excess tax levy. The notice must include the maximum amount being considered above the limitations, the amount that can be imposed without an excess tax levy, and the date, time, and location of the public hearing. If the district has a website, the notice must also be posted there.

Additionally, during the public hearing, both the school district board and the governing body of the taxing district are required to allow taxpayers the opportunity to comment on the proposed excess tax levy. This process aims to enhance transparency and public participation in the decision-making regarding tax levies.