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 provisions from January 1, 2026, to January 1, 2028.

Additionally, the bill stipulates that it will take effect immediately if it secures a two-thirds majority vote from all elected members in both houses of the legislature. If it does not achieve this necessary vote for immediate effect, the bill will become effective on the 91st day following the conclusion of the legislative session.