HB 1084

The act requires the fiscal impact statement and ballot information booklet entry for the following types of initiated measures to include a description of the measure's likely effect on the 3 largest areas of program expenditure of the state: A measure that increases state expenditures, except for de minimis and administrative expenditures, and that does not identify and provide for a sufficient source of revenue or sufficient reductions in state spending to account for the increased expenditures; and A measure that requires existing revenue sources to be reallocated and spent in a particular way. The act also modifies existing required language for ballot titles and the ballot information booklet for certain initiated measures to mirror the language used in the act. (Note: This summary applies to this bill as enacted.)