The bill amends various sections of the Arkansas Code related to the financial operations of counties, specifically focusing on the duties of county treasurers and the requirements for annual financial reports. Key changes include the replacement of the term "moneys" with "revenues" in multiple sections, clarifying the responsibilities of the county treasurer regarding the receipt and disbursement of funds. Additionally, the bill specifies that the county treasurer must refuse payment of checks that would result in a deficit balance and outlines the consequences for neglecting to pay valid checks. It also updates the process for the annual financial report, requiring it to include detailed statements of revenues, expenditures, and changes in fund balances, and mandates publication of the report in local newspapers and online.

Furthermore, the bill introduces new requirements for the annual financial report, such as the inclusion of a detailed statement of the county's bonded and short-term indebtedness. It specifies that the report must be published by March 15 each year and allows for electronic funds transfers for payments to governmental entities or court-ordered creditors, provided that claims are approved and supported by adequate documentation. Overall, the amendments aim to enhance transparency and accountability in county financial operations.

Statutes affected:
HB 1589: 14-15-805(1), 14-15-805(2), 14-15-805(3), 14-15-806, 14-15-809, 14-21-102, 14-71-101, 14-24-121(a)
Act 676: 14-15-805(1), 14-15-805(2), 14-15-805(3), 14-15-806, 14-15-809, 14-21-102, 14-71-101, 14-24-121(a)