The bill amends the laws governing several Agricultural Promotion Boards in Arkansas, including the Arkansas Catfish Promotion Board, Arkansas Soybean Promotion Board, Arkansas Rice Research and Promotion Board, Arkansas Wheat Promotion Board, Arkansas Corn and Grain Sorghum Promotion Board, and the Arkansas Beef Council. Key changes include a requirement that board members be "actively and principally engaged" in their respective agricultural sectors and that all members must be residents of Arkansas. The appointment process is revised to require Senate confirmation, enhancing oversight and accountability. Additionally, the bill specifies that one member must be an active Arkansas livestock market operator and establishes that members will serve three-year terms, with the Governor responsible for filling vacancies in the same manner as initial appointments.

The bill also includes provisions to ensure that the terms of current members will not be shortened and that changes will be implemented as terms expire or vacancies arise. An emergency clause is included, indicating that the act is necessary for the preservation of public peace, health, and safety, and it is set to take effect on July 1, 2023. This reorganization aims to improve the efficiency of agricultural promotion and support for the industry in Arkansas.