The bill aims to amend the Arkansas Code, specifically Title 24, Chapter 4, Subchapter 2, to enhance the management of delinquent employer and employee contributions to the Arkansas Public Employees' Retirement System by local government participating employers. The new legal language inserted into the current law clarifies the purpose of the act, which is to address issues related to the delinquency and collection of these contributions.

By focusing on the responsibilities of local government employers in maintaining timely contributions to the retirement system, the bill seeks to ensure better compliance and financial stability within the Arkansas Public Employees' Retirement System. This legislative change is intended to streamline the process for addressing delinquent contributions, thereby protecting the interests of public employees relying on these retirement benefits.