REQUESTING THE LEGISLATIVE REFERENCE BUREAU TO CONDUCT A STUDY TO UNDERSTAND THE IMPLEMENTATION PROCESS AND PROJECTED FINANCIAL IMPACT OF ADOPTING FISCAL NOTES INTO THE STATE'S LEGISLATIVE PROCEDURE.

HCR 138 is a concurrent resolution requesting the Legislative Reference Bureau to study adopting fiscal notes into Hawaii’s legislative process. Fiscal notes would disclose the potential financial impact of bills on state/local government, a practice used in 44 states. The study must examine implementation methods (statute vs. rules), associated costs, public accessibility, barriers like staffing, and lessons from states like Colorado and Texas. It aims to inform whether Hawaii should require such disclosures before lawmakers vote. The Bureau must submit findings by early 2026.