The bill proposes the repeal of Arkansas Code 22-6-501, which governs the transfer of tax-forfeited lands to state institutions. This section previously authorized the Commissioner of State Lands to issue deeds for tax-forfeited land to various state departments, agencies, and local governmental units upon application. The law outlined the requirements for such applications, including the proposed use of the land and the maintenance responsibilities once the land was deeded. It also included provisions for the reversion of the property back to the state if it was no longer utilized as intended.

By repealing this law, the bill eliminates the entire framework for transferring tax-forfeited lands to state institutions, including the associated application process and conditions for use. This change signifies a shift in how tax-forfeited lands may be managed and disposed of in the future, potentially affecting state institutions and local governments that previously relied on this process for acquiring land.