The bill amends Arkansas law regarding the reporting and investigation of improper or illegal practices by public servants. It primarily shifts the responsibility for investigating compliance from local prosecuting attorneys to the Attorney General. Specifically, the Legislative Joint Auditing Committee will now notify and refer matters to the Attorney General, who will conduct investigations into public servants' compliance with fiscal management laws. The Attorney General is also granted concurrent jurisdiction with local law enforcement agencies to investigate these matters and can issue subpoenas for documents and witness attendance. Additionally, the bill establishes that records obtained during these investigations will be classified as confidential and exempt from the Arkansas Freedom of Information Act.

Furthermore, the bill outlines the process for the Attorney General to report findings back to the Legislative Joint Auditing Committee and includes provisions for the appointment of special deputy prosecutors from the Attorney General's office to assist in prosecutions related to these investigations. The bill also emphasizes the importance of cooperation between the Legislative Auditor, the Attorney General, and local prosecuting attorneys in addressing any criminal offenses that arise from audit findings. Overall, the amendments aim to enhance the oversight and accountability of public officials in Arkansas.