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(1) Individuals wishing to circulate a referendum petition shall file an application with the lieutenant governor before 5 p.m. within five calendar days after the day on which the legislative session at which the law passed ends.
(2) The application shall contain:
(a) the name and residence address of at least five sponsors of the referendum petition;
(b) a statement indicating that each of the sponsors is registered to vote in Utah;
(c) a statement indicating whether persons gathering signatures for the petition may be paid for gathering signatures;
(d) the signature of each of the sponsors, attested to by a notary public; and