Bill > S1117

This bill amends Idaho law to enhance the fiscal impact statement process for initiative petitions by requiring the Division of Financial Management (DFM) to provide more comprehensive and timely fiscal impact statements. Specifically, the bill mandates that if an initiative petition is modified after its initial review, the DFM must submit an updated fiscal impact statement within ten working days, either revising the statement or confirming that the modifications do not change the original fiscal impact. The bill also requires the DFM to file a final fiscal impact statement no later than July 20, using the most accurate and up-to-date information about the proposed law's potential financial implications. Additionally, the bill adjusts some filing deadlines for arguments and rebuttal arguments related to initiative petitions, moving the deadline for arguments from July 20 to July 31 and the deadline for rebuttal arguments from August 1 to August 10. The changes aim to provide voters with more transparent and current information about the potential financial consequences of proposed initiatives. The bill will take effect on July 1, 2025, and is declared an emergency measure.

Government Affairs, Justice

State Affairs Committee (S)

https://legislature.idaho.gov/sessioninfo/2025/legislation/S1117/