Effective June 30, 2020, removes one identified parcel from the Town of Jacksonville's corporate limits.

Specifies that the act has no effect on any liens of the City for outstanding taxes or special assessments before June 30, 2020.

Provides that property in the territory described as of January 1, 2020, is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2020.