The bill proposes the repeal of the Small Business Revolving Loan Fund for Pollution Control and Prevention Technologies Act, effectively eliminating the associated subchapter from Arkansas law. This includes the removal of provisions that authorized the Division of Environmental Quality to establish and manage a revolving loan fund aimed at encouraging investments in pollution control and prevention technologies for small businesses. The bill specifically deletes all references to the fund's purpose, definitions, eligible activities, and terms related to loan applications and management.

Additionally, the bill repeals Arkansas Code 19-5-1105, which established the Small Business Revolving Loan Fund and outlined its funding sources and administration. By repealing these sections, the bill aims to discontinue the program that provided financial assistance to small businesses for projects related to environmental compliance and pollution prevention, thereby removing the framework that supported such initiatives in the state.