The bill aims to amend existing laws related to credited service within the Arkansas Local Police and Fire Retirement System. The primary purpose of this act is to clarify and update the regulations governing how credited service is calculated and recognized for members of this retirement system.

Specifically, the bill introduces new legal language that emphasizes the intent to amend the law concerning credited service, ensuring that the provisions are clear and up-to-date. This legislative change is intended to enhance the retirement benefits for local police and fire personnel in Arkansas, reflecting the importance of their service to the community.