ELECTIONS – Amends existing law to require an updated fiscal impact statement for initiative petitions and to revise certain filing deadlines.

S 1047 requires Idaho's Division of Financial Management to provide an updated fiscal impact statement for initiative petitions by July 20 each year, instead of the previous deadline. It shortens the filing deadline for arguments supporting or opposing initiatives from July 31 to July 20 and for rebuttals from August 10 to August 1. The final fiscal statement summary must be published in the voters' pamphlet and made available online by August 1. This affects initiative petition sponsors, state agencies, and voters who receive this information before voting.