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In a saucepan, over medium heat, bring the honey and light brown sugar just barely to a simmer while stirring constantly. Once the mixture starts to bubble, even at the edges, remove from the heat and stir in the peanut butter. Mix until the peanut butter has completely melted and incorporated into the mixture.
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Pour the peanut butter mixture into the mixing bowl with the rice krispies cereal and mix together until all the cereal is evenly coated.
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Press the mixture into the prepared baking pan, using greased fingers, the back of a spoon, bottom of a measuring cup (spray with cooking spray), or a spatula to create an even layer.
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In a microwave-safe bowl, mix the butterscotch chips and semi-sweet chocolate chips together. Heat for 90 seconds, stirring every 30 seconds.
* You may need longer than 90 seconds to melt the chips smoothly.
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Pour the melted chocolate mixture over the rice krispies and spread into an even layer. Let sit at room temperature, about 3 hours or until completely set, before cutting and serving.
