Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Ballot Initiatives Financial Impact topic
No spam. Unsubscribe anytime.
Committee sends RS 31927 to print to require financial impacts for ballot initiatives
Summary
Senator Adams presented RS 31927, a proposal to require the Division of Financial Management to produce a financial impact assessment after a ballot initiative qualifies for the ballot; the committee voted to send the request to print.
Senate State Affairs voted to print RS 31927, a draft that would require the Division of Financial Management to prepare a financial‑impact assessment for ballot initiatives once they have collected sufficient signatures to appear on the ballot.
Senator Adams described RS 31927 as a "mild and light touch" change to the ballot initiative statute, saying the division would be required to "do a financial impact assessment and give the most up to date and accurate cost that that ballot initiative would require." Senator Toews moved to send the request to print and a senator identified in the record seconded the motion. The committee approved the motion on a voice vote.
RS 31927 will be printed and scheduled for a formal hearing where the Division of Financial Management and other stakeholders can provide detail about the assessment process and timing.
