This bill appropriates funds for state turnback to counties and municipalities in Arkansas for the fiscal year ending June 30, 2026. It allocates a total of $29,372,099 in general revenues to cities and $215,000,000 in special revenues to cities from the Municipal Aid Fund. Additionally, it provides $21,428,616 in general revenues and $230,000,000 in special revenues to counties from the County Aid Fund. The bill also includes provisions for unanticipated special revenues, with $15,000,000 allocated to counties and $10,000,000 to cities, as well as $300,000,000 for property tax relief to counties and $2,000,000 each for counties and cities from the Property Tax Relief Trust Fund.

The bill contains several insertions, including the fiscal year designation of "2025-2026" and specific funding amounts for various appropriations. It also includes special language regarding the distribution of funds, loans to cities and counties, and compliance with other laws. Notably, it establishes an emergency clause to ensure the act's effectiveness on July 1, 2025, to prevent any disruption in essential governmental programs. The provisions of the bill are designed to support local governments in managing their financial needs and ensuring the continued provision of services to their communities.