This bill allows public school districts in Arkansas to partner with businesses to provide subject-matter experts for targeted classroom supplemental training or instruction. It establishes a framework for these partnerships, including the requirement for a memorandum of understanding that outlines the verification of the expert's credentials, the duration of their instruction, and a system for tracking their hours. Additionally, the bill mandates that any training provided by these experts must be supervised by a public school employee and includes provisions for background checks to ensure the safety of students.

Furthermore, the bill introduces an income tax credit for businesses that loan subject-matter experts to public schools. The credit is calculated based on the number of verified hours the expert spends providing instruction, with a cap of $10,000 per expert and $20,000 per business per tax year. The total amount of credits awarded is limited to $250,000 annually, and the program is set to begin for tax years starting January 1, 2024.