The bill aims to repeal the sunset provision of the Arkansas Medical Marijuana Special Privilege Tax Act of 2017, which is set to expire on July 1, 2025. Specifically, it removes the legal language that states the subchapter will expire unless extended by the General Assembly. By eliminating this provision, the bill intends to ensure the continuation of the special privilege tax on medical marijuana without interruption.

Additionally, the bill includes an emergency clause, indicating that the General Assembly recognizes the necessity of maintaining the tax for the efficient administration of medical marijuana regulations. The act will take effect immediately upon approval by the Governor, or if not acted upon, after the veto period expires, or upon the override of a veto. This urgency underscores the importance of the tax for public peace, health, and safety.