The bill establishes the Arkansas 2036 Commission, which is tasked with promoting the statewide observance of Arkansas's 200th birthday, exploring the construction of a commemorative landmark to boost tourism, assisting the Division of Arkansas Heritage with related programs, and developing initiatives that celebrate the state's history and heritage. The commission will consist of eight members, including representatives from the Division of Arkansas Heritage, the Department of Education, and appointees from the Speaker of the House, the President Pro Tempore of the Senate, and the Governor. The director of the Division of Arkansas Heritage or their designee will serve as the chair.

Members of the commission will serve without compensation, although those who are also members of the General Assembly will receive per diem and expenses. Non-legislative members will be compensated for their service, including per diem, expense reimbursement, and mileage. The commission is required to establish its own rules and procedures, and a majority of its members will constitute a quorum for conducting business. The commission is set to expire on December 31, 2036.