The bill amends Arkansas law regarding the reporting and investigation of improper or illegal practices by public servants. It primarily shifts the responsibility for investigations from local prosecuting attorneys to the Attorney General. Specifically, the Legislative Joint Auditing Committee is now required to notify and refer matters to the Attorney General for investigation if compliance is not achieved by the public servant. The Attorney General is tasked with conducting investigations and reporting back to the Legislative Joint Auditing Committee within a specified timeframe. Additionally, if criminal charges are deemed necessary, the Attorney General must notify the appropriate prosecuting attorney.

Further provisions in the bill grant the Attorney General concurrent jurisdiction with local law enforcement agencies to investigate reported transactions and allow for subpoenas to be issued for documents and witness attendance. The bill also establishes that records obtained during these investigations are confidential and exempt from the Arkansas Freedom of Information Act. Moreover, it allows for the designation of attorneys from the Attorney General's office as special deputy prosecutors to assist in these investigations, ensuring that they have the same legal immunities as regular prosecuting attorneys. Overall, the bill aims to enhance the oversight and accountability of public officials in Arkansas.