This bill amends the law concerning business practices by authorizing the Division of Environmental Quality to maintain a delinquent list of businesses that fail to pay wholesalers for petroleum products. The new section added to Arkansas Code Title 4, Chapter 75, Subchapter 1, outlines the process for wholesalers to report delinquent payments, including the necessary information to be provided, such as the name and address of the delinquent business, the date of sale, and the amount due. Once a report is received, the division will "red-tag" the delinquent business, preventing further deliveries of petroleum products until the delinquency is resolved.

Additionally, the bill establishes procedures for both the delinquent business and the wholesaler to contest the delinquency if there are disputes regarding the quality or quantity of the petroleum products. The delinquent business can file a written statement to the division, which must also be shared with the wholesaler, while the wholesaler has the right to respond within a specified timeframe. The division is tasked with reviewing these statements to determine whether the "red-tag" should be removed, thereby providing a structured process for addressing payment disputes in the petroleum industry.