Section 25-1-124 - Reporting by public employee - Definitions(a) As used in this section: (1) "Public employee" means a person who performs a full or part-time service for wages, salary, or other remuneration for a public employer; and(2) "Public employer" means any of the following: (A) An agency, department, board, commission, division, office, bureau, council, authority, or other instrumentality of the State of Arkansas, including the offices of the various Arkansas-elected constitutional officers and the General Assembly and its agencies, bureaus, and divisions;(B) A state-supported college, university, technical college, community college, or other institution of higher education or department, division, or agency of a state institution of higher education;(C) The Supreme Court, the Court of Appeals, the Administrative Office of the Courts, the circuit courts, and the prosecuting attorneys' offices;(D) An office, department, commission, council, agency, board, bureau, committee, corporation, or other instrumentality of a county government or a municipality or a district court, a county subordinate service district, a municipally-owned utility, or a regional or joint governing body of one (1) or more counties or municipalities; or(E) A public school district, school, or an office or department of a public school district in Arkansas.(b)(1) A public employee with supervisory fiduciary responsibility over all fiscal matters of a public employer shall report to Arkansas Legislative Audit a loss of public funds that amounts to one thousand dollars ($1,000) or more in one (1) calendar year, including without limitation:(A) Apparent unauthorized disbursements of public funds; or(B) The apparent theft or misappropriation of public funds or property.(2) A report under subdivision (b)(1) of this section shall be made within five (5) business days of the date the public employee learns of the loss of public funds.(c) A public employee with supervisory fiduciary responsibility over all fiscal matters who purposely fails to comply with subsection (b) of this section is guilty of a Class A misdemeanor.Amended by Act 2017, No. 498,§ 1, eff. 8/1/2017.Added by Act 2015, No. 1103,§ 5, eff. 7/22/2015.