The proposed bill aims to address prison overcrowding in Arkansas by providing substantial funding for the expansion, improvement, or construction of state and county correctional facilities. Specifically, it mandates the transfer of $250 million from the General Revenue Allotment Reserve Fund to a designated cash fund for the Department of Corrections. This funding will be allocated for various purposes, including the construction and expansion of both new and existing correctional facilities, as well as the establishment of a mental health facility.

Additionally, the bill includes provisions for grants to counties to support construction-related costs for improvements, expansions, and new constructions of county jails. It also allows for funding to assist with the payment of principal on county jails. The inclusion of these financial resources is intended to alleviate the current issues of overcrowding and improve the overall conditions of correctional facilities in the state.