This bill amends the law concerning public officers and employees in Arkansas by introducing a new requirement for former state employees and former elected officials to disclose certain employment activities for a period of four years following the end of their service. Specifically, the bill mandates that these individuals report any employment with or sales to entities that were awarded contracts by their former state agency or elected office during their tenure. The disclosures must be filed with the Arkansas Ethics Commission within thirty days of the employment or sale, and subsequent disclosures are required quarterly until certain conditions are met, such as no longer being employed by or selling to those entities, or after four years have passed since their service.

The bill also defines key terms, including "former elected official" and "former state employee," and outlines the responsibilities of the Arkansas Ethics Commission to create rules and forms necessary for implementing these disclosure requirements. This legislative change aims to enhance transparency and accountability among former public officials and employees regarding their post-service employment activities.