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Senate committee approves requirement for concise fiscal-impact summaries on ballot measures
Summary
The Senate State Agencies & Governmental Affairs Committee voted to require a brief fiscal-impact statement prepared by the Department of Finance and Administration (DFNA) for initiated and referred constitutional amendments, after debate over the statute's scope and a public witness opposed to the measure.
Little Rock — The Senate State Agencies & Governmental Affairs Committee voted to advance House Bill 16 37, a measure requiring the Department of Finance and Administration (DFNA) to prepare a short fiscal-impact statement to be shown to voters when an initiated or referred constitutional amendment is certified for the ballot.
Sponsor Senator Blake Johnson told the committee the bill would require DFNA to produce a “fiscal impact” summary limited to 100 words, plus 100 additional words per affected revenue source, and to identify which taxes or funding sources the measure would affect. “The fiscal impact should not exceed 100 words plus 100 additional words per revenue source that's impacted by the fiscal impact statement,” Johnson said during his presentation.
Supporters said the change would give voters helpful cost information at the ballot…
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