AR HB1589

Updates terminology throughout county financial statutes, replacing "moneys" with "revenues," "warrants" with "checks," and "holder of the warrant" with "claimant"

Requires county treasurers to refuse payment of checks that would create deficit balances in special revenue accounts or the general fund in aggregate

Mandates annual county financial reports include a statement of revenues, expenditures, and changes in fund balances for each reportable fund, covering January 1 to December 31

Sets March 1 deadline for county treasurer to submit revenue reports to the county clerk/comptroller (or vice versa for expenditure reports) and March 15 deadline for publishing the annual financial report

Authorizes electronic funds transfers for county payments to federal/state entities or to creditors by court order, provided claims are approved through the county claim process with adequate documentation