CONCERNING THE DEVELOPMENT AND PRESENTATION OF FISCAL IMPACT STATEMENTS CONCERNING THE FISCAL IMPACT OF STATEWIDE INITIATIVE AND REFERENDUM MEASURES AND LEGISLATIVELY REFERRED CONSTITUTIONAL AMENDMENTS.

HB 1637 requires state agencies to prepare and present fiscal impact statements for statewide initiatives, referendums, and legislatively referred constitutional amendments. It removes references to "local" impacts, ensuring these statements focus exclusively on statewide financial effects. This change directly affects voters, election officials, and state agencies by standardizing how fiscal consequences of ballot measures are communicated. The bill became law as Act 457 on April 3, 2025, streamlining the process for transparent voter information.