The bill proposes an appropriation for the Department of Commerce for the fiscal year ending June 30, 2026, detailing funding allocations for various divisions and initiatives. It establishes a maximum number of employees, with 59 for Shared Services and 70 for the Arkansas Economic Development Commission, and specifies salary grades for these positions. Key appropriations include $6,802,564 for Shared Services, $12,982,945 for state operations, and significant funding for economic development initiatives such as $75,000,000 for the Quick Action Closing Fund and $500,000 for the Minority and Women-Owned Business Enterprise Loan Mobilization. The bill also allows for the reallocation of resources within the Department of Commerce, with provisions for the Secretary to request transfers of positions and appropriations with the Governor's approval.

Additionally, the bill amends existing laws regarding the carry forward of unexpended funds, requiring agencies to justify their need to carry forward funds and report to the Arkansas Legislative Council. It allows the Division of Science and Technology to carry forward up to $150,000 for technology development grants and authorizes the transfer of funds to the Arkansas Acceleration Fund, not exceeding $3,500,000. The bill includes special language provisions for operational flexibility within the Arkansas Economic Development Commission and emphasizes oversight by requiring prior approval for certain actions. An emergency clause is included, stating that the act is necessary for the immediate preservation of public peace, health, and safety, and will take effect on July 1, 2025.