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 defines "former elected official" and "former state employee," and mandates that these individuals report any employment or sales activities with entities that were awarded contracts by their respective state agencies or offices during their tenure. The disclosures must be filed with the Arkansas Ethics Commission within thirty days of the employment or sale, and subsequent quarterly disclosures are required until certain conditions are met.

Additionally, the bill empowers the Arkansas Ethics Commission to create rules for implementing these disclosure requirements, including the development of a specific form for reporting. This legislative change aims to enhance transparency and accountability among former public officials and employees, ensuring that potential conflicts of interest are disclosed and managed appropriately.