The bill establishes provisions for the electronic filing of business personal property tax returns in Lauderdale County, allowing the Revenue Commissioner to create procedures for this process. It mandates that electronic returns must contain the same information as paper returns and comply with existing electronic filing requirements. Effective October 1, 2025, the Revenue Commissioner may require electronic filing for businesses engaged in leasing personal property, those with assets of $10,000 or more, or returns prepared by third-party tax preparers. A temporary exemption may be granted for good cause.

Additionally, the bill includes a provision for the Revenue Commissioner to conduct training sessions to assist taxpayers with the electronic filing process. The act is supplemental to existing laws governing the Revenue Commissioner's office and is set to take effect on June 1, 2025. The new legal language inserted into the bill includes the authorization for electronic filing and the specific requirements for certain businesses, while no deletions from current law are noted.