This bill aims to repeal the Computer and Electronic Equipment Recycling Grants and the Computer and Electronic Recycling Fund, as well as modify the disbursement of revenues generated from the sale of agency surplus computer and electronic equipment. Specifically, it repeals Arkansas Code 19-5-1217, which established the Computer and Electronic Recycling Fund, and also repeals Arkansas Code 25-34-109 and 25-34-110, which pertained to the fund and the grants associated with electronic equipment recycling.

Additionally, the bill amends Arkansas Code 25-34-108 to change the allocation of proceeds from the sale of surplus computer and electronic equipment. The amendment specifies that 60% of the proceeds from sales within the agency will be returned to the owning agency, while 40% will be deposited with the Marketing and Redistribution Section. For sales conducted outside the agency, 50% will go to the owning agency, and 50% will be allocated to the Marketing and Redistribution Section, eliminating previous provisions that directed funds to the now-repealed recycling fund.