This bill increases the percentage of funds provided to municipalities through state-municipal revenue sharing.
This bill increases the percentage of funds provided to municipalities through state-municipal revenue sharing to 5.5% beginning January 1, 2026 and to 6% beginning January 1, 2027. The State Controller will transfer these funds to the Local Government Fund monthly, with 20% of these transfers going to the Disproportionate Tax Burden Fund. The changes take effect January 1, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.