This bill amends existing laws regarding waterworks and water supply in Arkansas, specifically focusing on the replacement of lead and certain galvanized customer service lines. It authorizes public waterworks system owners to expend public funds and issue bonds for the replacement of these hazardous lines. The bill includes legislative findings that highlight the dangers of lead exposure, including various health complications, and emphasizes the public purpose of replacing lead service lines as mandated by federal regulations.

Additionally, the bill defines key terms such as "lead service line," "person," "public entity," and "water provider," and outlines the conditions under which a water provider may replace lead service lines located on private property. It stipulates that consent from the property owner is required, and that the water provider can utilize public funds and bond proceeds for these replacements. Importantly, the bill clarifies that replacing a lead service line does not transfer ownership or maintenance responsibilities to the water provider unless an agreement is made with the property owner.