Relating to the eligibility of certain officers of a political subdivision authorized to impose a tax or issue bonds to hold certain offices concurrently.

SB 417 prevents certain local government officials from holding multiple offices simultaneously. It applies to elected or appointed officers of cities, counties, or other political subdivisions authorized to impose taxes or issue bonds (like mayors, city council members, or bond commissioners). The bill prohibits these officials from concurrently holding any other office covered by the same rule, requiring them to resign from violating positions by September 1, 2025. This change clarifies eligibility for local leaders managing public finances, aligning with existing state constitutional limits. The law takes effect on September 1, 2025, after the required resignations.