AR SB163

Replaces references to "public servant" and "governmental body" with "elected official" throughout Arkansas ethics laws governing campaign finance and ballot questions

Adds new dissolution procedures requiring local-option ballot question committees to notify the Arkansas Ethics Commission and distribute remaining funds to the state treasurer, political parties, nonprofits, municipalities, or contributors

Expands financial reporting requirements to include individual persons and elected officials (using public funds) who spend over $500 on ballot question advocacy, with detailed disclosure of contributions, expenditures, and vendor information

Renumbers and reorganizes definitional sections in Arkansas Code §§ 3-8-702 and 7-9-402 to consolidate related terms while maintaining existing regulatory standards

Applies consistent filing fee and financial reporting provisions across local-option ballot question committees, statewide ballot question committees, and legislative question committees, with late filing fees up to $50 per day