The proposed bill aims to amend the existing laws regarding hunting and fishing licenses in Arkansas by introducing a requirement for reimbursement to the Arkansas State Game and Fish Commission for any free or discounted licenses issued. The bill emphasizes the importance of revenue generated from these licenses for funding conservation efforts and acknowledges that programs offering free or discounted licenses can negatively impact the agency's budget. To mitigate this, the bill mandates that the commission be reimbursed for lost revenue resulting from the issuance of such licenses, as well as from any exemptions to licensure requirements created by statute after the bill's effective date.

Under the new provisions, the commission is tasked with maintaining an accounting of lost revenue and submitting this information to the Department of Finance and Administration for reimbursement from the General Revenue Fund. The department is required to deposit the reimbursed amount into the Game Protection Fund within thirty days of receiving the accounting. Additionally, the bill stipulates that all records related to this accounting will be subject to audit by the Treasurer of State, ensuring transparency and accountability in the reimbursement process.