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

Specifically, the bill modifies Arkansas Code 14-284-307(c) by increasing the maximum loan period from three years to five years. This change is intended to provide rural fire protection districts with more flexible financing options to acquire necessary vehicles and equipment, thereby enhancing their operational capabilities.

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