Section 20A-7-703.1 - Analysis of measure submitted to voters by Legislature - Determination of fiscal effects(1) The presiding officers shall:(a) prepare an analysis of each measure, described in Section 20A-7-103, that is submitted to the voters by the Legislature; and(b) submit the analysis to the lieutenant governor no later than the day that falls 90 days before the date of the election in which the measure will appear on the ballot.(2) The presiding officers shall ensure that the analysis: (a) is not more than 1,000 words long;(b) is prepared in clear and concise language that will easily be understood by the average voter;(c) to the extent possible, avoids the use of technical terms;(d) shows the effect of the measure on existing law;(e) describes the measure;(f) identifies the measure's fiscal effects over the time period or time periods determined by the presiding officers to be most useful in understanding the estimated fiscal impact of the measure; and(g) identifies the amount of any increase or decrease in revenue or cost to state or local government.(3) The presiding officers shall analyze the measure as the measure is proposed to be adopted, without considering any implementing legislation, unless the implementing legislation has been enacted and will become effective upon the adoption of the measure by the voters.(4)(a) In determining the fiscal effects of a measure, the presiding officers shall confer with the legislative fiscal analyst.(b) The presiding officers shall consider any measure that requires implementing legislation in order to take effect to have no financial effect, unless implementing legislation has been enacted that will become effective upon adoption of the measure by the voters.(5) If the presiding officers request the assistance of any state department, agency, or official in preparing the analysis described in this section, that department, agency, or official shall assist the presiding officers.Added by Chapter 465, 2024 General Session ,§ 12, eff. 5/1/2024.