Senate Bill 2731, also known as House Bill 2669, aims to modernize the financial management system of Benton County by amending Chapter 541 of the Private Acts of 1939. The bill introduces a comprehensive framework for budgeting, investment oversight, debt management, and cash management. Key provisions include the establishment of a Budget Committee composed of five members appointed by the County Legislative Body, which will oversee the preparation of the county's budget. The bill outlines the process for budget preparation, public hearings, and the responsibilities of various county officials in managing expenditures and ensuring compliance with the budget.

Additionally, the bill specifies that any county official who exceeds their budgetary authority will be personally liable for the over-expenditure. It mandates the County Legislative Body to adopt a tax rate necessary to balance the budget and allows for the investment of idle county funds in accordance with state law. The act also includes provisions for the removal of officials found guilty of misconduct related to the financial management of the county. Upon approval by a two-thirds vote of the Benton County legislative body, this act will supersede any conflicting private acts previously adopted.