Modifies provisions for initiative petitions and referendums

HB 551 replaces outdated rules for initiative petitions and referendums with new requirements. It mandates stricter signature verification by requiring circulators to swear under penalty of perjury that signers are registered voters at their listed addresses, and prohibits signing petitions with false names or multiple times. The bill also sets specific formatting rules: petitions must use 12-point Times New Roman font, have 1-inch margins, and include the full text of the proposed measure on each page. These changes directly affect voters submitting petitions and circulators gathering signatures for ballot measures.