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, as well as $21,428,616 in general revenues to counties and $230,000,000 in special revenues to counties. Additionally, it includes provisions for unanticipated special revenues, with $15,000,000 designated for counties and $10,000,000 for cities. The bill also allocates $300,000,000 for property tax relief to counties and $2,000,000 each for distribution to counties and cities from the Property Tax Relief Trust Fund.

The bill includes several special provisions, such as the requirement for sufficient funds in the Property Tax Relief Trust Fund before distributions can occur, and it outlines the process for loans to cities and counties to assist with cash flow needs. It also specifies that any unexpended funds from the County Aid and Municipal Aid line items shall be carried forward for distribution in the following fiscal year. The bill emphasizes compliance with existing fiscal control laws and includes an emergency clause to ensure its immediate effectiveness on July 1, 2025.