2025 Senate Bill 995 proposes the creation of a new statute, specifically 20.835 (2) (cd), which establishes a sum sufficient appropriation for individual income tax rebates in the year 2026. This bill is contingent upon the enactment of another piece of legislation, 2025 Senate Bill .... (LRB-6362/1), which outlines the specifics of the tax rebates. If the latter bill is not passed into law, then Senate Bill 995 will be rendered void.

The bill includes a reconciliation provision that stipulates the act will take effect only if 2025 Senate Bill .... (LRB-6362/1) is enacted. This ensures that the funding for the tax rebates is directly tied to the approval of the related legislation, thereby creating a conditional framework for the implementation of the rebates.