This bill amends Arkansas Code 15-55-204 to designate the Oil and Gas Commission as the custodian of all property and the disbursing agent of all funds for the Office of the State Geologist. The bill outlines that the State Geologist will continue to be appointed by the Governor and will report to the Director of Production and Conservation and the Secretary of the Department of Energy and Environment. The State Geologist will retain the responsibility of administering provisions related to geological matters and may delegate functions as necessary for efficient operation.

Key changes include the deletion of the State Geologist's role as custodian of property and disbursing agent of funds, which will now be the responsibility of the Director, in consultation with the Secretary. The language has been updated to clarify these roles, ensuring that the management of property and funds is clearly assigned to the Director while maintaining the State Geologist's advisory and administrative functions.