The bill amends the Revenue Stabilization Law in Arkansas, specifically addressing the allocation of general revenues for the fiscal year 2025-2026 and beyond. It mandates that starting July 1, 2025, the Treasurer of State will transfer all remaining general revenues available for distribution at the end of each month to various funds and accounts based on their maximum allocation proportions. The bill outlines specific maximum allocations for numerous funds, including the Public School Fund, Department of Human Services Fund, and various higher education institutions, totaling approximately $6.49 billion.

Additionally, the bill includes provisions to ensure that if both a House and Senate bill to amend the Revenue Stabilization Law are enacted in identical form, the last passed act will take precedence. An emergency clause is also included, stating that the changes must take effect at the beginning of the fiscal year to prevent disruptions in essential state services, thereby establishing a July 1, 2025, effective date for the act.