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AR HB1544
Bill
Status
3/12/2025
Primary Sponsor
Joint Budget Committee
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AI Summary
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Appropriates $25,000,000 from the Property Tax Relief Trust Fund to the Office of the Treasurer of State for distribution to counties for property tax relief during fiscal year 2024-2025
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Supplements existing funds previously appropriated under Section 7 of Act 140 of 2024 for statewide property tax reduction
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Requires disbursement compliance with State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other fiscal control regulations
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Contains emergency clause declaring immediate effect upon passage due to insufficient funds for the Treasurer's Office to continue essential governmental services
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Approved March 12, 2025 (Act 299 of the Regular Session)
Legislative Description
An Act To Make An Appropriation For State Turnback For Counties And Municipalities By The Office Of The Treasurer Of State Supplemental Appropriation.
Last Action
Notification that HB1544 is now Act 299
3/12/2025