Bill > HB1327

This bill modifies several aspects of Colorado's statewide ballot measure processes, focusing on initiative petitions and fiscal impact reporting. For initiative petitions, the bill introduces new requirements such as mandating that proponents submit a chart describing differences between multiple drafts concerning the same subject matter within a single "initiative cycle" and notify the Secretary of State when a petition reaches 75% of required signatures. The bill also enhances fiscal impact reporting for measures proposing tax increases, requiring more detailed estimates of the maximum dollar amount of potential state and local government revenue changes for the first and final full fiscal years. Additionally, the bill makes procedural changes to the title board's process for setting ballot titles, including clarifying how titles should describe proposed changes to laws or the state constitution. The bill aims to provide more transparency and detailed information to voters about proposed ballot measures, particularly around fiscal implications, and to streamline the administrative processes for submitting and reviewing initiative petitions. These changes will apply to drafts, petitions, and legislative measures submitted or placed on the ballot after the bill's effective date.