(1) As used in this section, "ballot issue" means the question submitted to voters pursuant to subsection (2) of this section. (2) At the statewide election held in November 2024, the secretary of state shall submit to the registered electors of the state for their approval or rejection the following ballot issue: "Without raising taxes, may the state keep and spend all sports betting tax revenue above voter- approved limits to fund water conservation and protection projects instead of refunding revenue to casinos?" (3) If a majority of the electors voting on the ballot issue vote "Yes/For", this constitutes voter approval to avoid the potential refund required by section 44-30-1519. (4) For purposes of section 1-5-407, the ballot issue is a proposition. Section 1-40-106 (3)(d) does not apply to the ballot issue.
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