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Committee sends to print measure requiring financial impact assessments for ballot initiatives
Summary
Senate State Affairs advanced RS 31927, a draft requiring the Division of Financial Management to provide a financial-impact assessment for ballot initiatives once signatures are collected and the initiative will appear on the ballot.
The Senate State Affairs Committee voted to send RS 31927 to print after a brief presentation from the sponsor describing the measure as a limited change to existing ballot initiative procedures.
Senator Adams told the committee RS 31927 would require the Division of Financial Management to prepare a financial impact assessment that provides the most up-to-date and accurate cost estimate once a ballot initiative has collected sufficient signatures and will appear on the ballot. "This RS is a pretty, mild and light touch on the ballot initiative statute," Adams said.
A motion by Senator Toews, seconded by Senator Den Hartog, to introduce RS 31927 (send to print) passed on a voice vote. The committee did not adopt final policy; the print referral opens the measure to a formal hearing and public comment.
