An act relating to State education property taxes and flood-related damage

This bill allows municipalities to receive reimbursement for education property taxes owed on properties destroyed by severe storms and floods between July 1, 2023, and October 15, 2023, provided the municipality abated those taxes proportionally. It also excludes disaster relief payments from household income when calculating homestead property tax credits for tax years 2023 and 2024. The legislation directly affects local governments and homeowners in areas declared federal disaster zones during the specified period.