The bill, introduced by Martinez Fischer as H.B. No. 90, proposes to postpone the effective date of certain changes in law that pertain to the impact of disasters and related costs on the calculation of specific tax rates, as well as the procedures for adopting these tax rates by taxing units. The key amendment in the bill changes the effective date of the relevant act from January 1, 2026, to January 1, 2028.

Additionally, the bill stipulates that it will take effect immediately if it receives a two-thirds majority vote from all elected members in both houses of the legislature. If the bill does not achieve this necessary vote for immediate effect, it will instead take effect 91 days after the conclusion of the legislative session.