This bill aims to amend existing laws related to credited service under local police and fire pension and relief funds in Arkansas. The new legal language emphasizes the purpose of the act, which is to clarify and update the regulations governing how credited service is calculated and managed within these pension and relief funds.

The bill does not specify any particular changes to the existing provisions beyond the stated purpose, but it indicates a legislative intent to enhance the framework surrounding pension and relief funds for local police and fire services. This amendment seeks to ensure that the credited service is accurately reflected and managed in accordance with the needs of these essential public service employees.