The proposed bill establishes the Reboot Pilot Program aimed at reducing recidivism rates among former offenders in Arkansas by providing an income tax credit to businesses that hire qualifying former offenders. A "qualifying former offender" is defined as an individual who has been convicted of a felony, incarcerated for that offense, and released within the last twelve months. The bill outlines specific criteria for businesses to qualify for the tax credit, including employing the former offender for at least 40 hours per week at or above the state minimum wage, registering with the Division of Workforce Services, and ensuring the former offender undergoes random drug testing.

The tax credit structure incentivizes long-term employment, offering $3,000 for twelve months of consecutive employment, $2,000 for twenty-four months, and $1,000 for thirty-six months. The bill also mandates that the Department of Finance and Administration create rules to implement the program, with a cap of 500 qualifying former offenders registered at any time. Additionally, a review of the program's effectiveness is required within three years, and the bill is set to take effect for tax years beginning January 1, 2024.