Relating to county property tax collection; prescribing an effective date.

Authorizes county tax collector to withhold from property tax distributions to taxing districts within county amount equal to three percent of such distributions. Applies during period in which county is listed in audit report of Secretary of State as being at high risk of financial distress. Requires county to use withheld amounts to fund office of county assessor. Takes effect on 91st day following adjournment sine die.