REQUESTING A STUDY EXAMINING HOW CERTAIN OTHER JURISDICTIONS PRODUCE FISCAL NOTES.

HCR 61 is a resolution requesting the Legislative Reference Bureau to study how other states produce fiscal notes - reports that project the budget impacts of proposed bills. The study will examine six states (Iowa, Louisiana, Maryland, Oregon, Texas) and the District of Columbia, focusing on their processes for creating these notes, including which bills require them, who produces them, and the scope of financial projections. The bureau must submit a report with findings and recommendations to the Legislature by the start of the 2026 session. This resolution does not change any laws but seeks to inform Hawaii’s potential approach to fiscal note production, which currently lacks formal procedures.