Requires interpretive statements of State general obligation bond act public questions to include certain fiscal information.

This bill requires that ballot questions about new state debt (like bond issues) include specific financial details in plain language. The fiscal statement must show both: (1) the prior year's total cost for existing bond payments (with per capita calculation), and (2) the estimated cost for the new bonds proposed (with per capita calculation). These details will appear at the end of the existing ballot explanation, helping voters understand the financial impact. It directly affects voters deciding on bond measures and ensures transparency about state debt costs.