This bill proposes the repeal of the Computer and Electronic Equipment Recycling Grants and the Computer and Electronic Recycling Fund, which are currently established under Arkansas law. Specifically, it repeals Arkansas Code 19-5-1217 and sections 25-34-109 and 25-34-110, which outline the creation and administration of the recycling fund and the criteria for awarding recycling grants. The bill aims to streamline the disbursement of revenues generated from the sale of surplus computer and electronic equipment by modifying the allocation percentages for proceeds from such sales.

Additionally, the bill amends Arkansas Code 25-34-108 to adjust the distribution of funds from the sale of surplus equipment. It changes the allocation from 15% to 40% for the Marketing and Redistribution Section when sales occur within the agency, and from 25% to 50% for sales conducted outside the agency. An emergency clause is included, stating that the act is essential for the prudent operation of the Division of Environmental Quality, allowing it to take effect immediately upon approval by the Governor or under specified conditions if not vetoed.