The bill authorizes the Department of the Military to enter into public-private partnerships and amends existing laws regarding gifts received by the department. It introduces a new section, 12-60-105, which defines a public-private partnership as an agreement between the Department of the Military and a private entity. The Secretary of the Department is granted the authority to facilitate various activities, including recruiting and retention, through these partnerships. Additionally, the Secretary can accept voluntary services, allow private entities to use department property at no cost, and manage gifts of personal property or funds aimed at supporting the department's operations.

Furthermore, the bill outlines the responsibilities of the Secretary, including the payment of necessary expenses related to gifts and partnerships, and mandates that any accepted gifts must not compromise the integrity of the department or the Arkansas National Guard. The Secretary is also tasked with promulgating rules to implement these provisions effectively. Overall, the bill aims to enhance the operational capabilities of the Department of the Military through collaboration with private entities while ensuring ethical standards are maintained.