The bill aims to extend financing options for the purchase of vehicles and equipment specifically for rural fire protection districts in Arkansas. It amends the existing law regarding the duration of loans available for these purchases.

Specifically, the bill changes the maximum loan period from three years to five years, as approved by the Arkansas Forestry Commission. This extension is intended to provide rural fire protection districts with more flexible financing options to better equip their services.

Statutes affected:
SB 580: 14-284-307(c)
Act 767: 14-284-307(c)