HB 1802 - DIGEST

(SEE ALSO PROPOSED 1ST SUB)

Provides that, if an initiative to the legislature or an initiative to the people requires public funds to be spent for its implementation, the text of the initiative must either specify an increase in an existing state revenue source, or provide a new tax or fee, or specify a combination thereof, adequate to fully implement the measure.

Provides that, if an initiative to the legislature or an initiative to the people repeals or restricts the collection of an existing tax or fee, reduces the rate or amount of an existing tax or fee, or creates or extends an exemption for an existing tax or fee, the text of the initiative must specify how the reductions are to be reflected in the affected budgets.