The proposed bill, General Assembly Proposed Bill No. 5050, aims to enhance the transparency and accessibility of municipal budgets and financial information by mandating the Office of Policy and Management to establish a program that provides technical and financial assistance to municipalities that choose to publish their budgets and financial data online. Additionally, the bill calls for the development of guidelines outlining best practices for the online publication of these documents.

This initiative seeks to improve the dissemination of municipal financial information, thereby promoting accountability and informed public engagement in local governance. The bill does not include any deletions from current law but introduces new provisions to support municipalities in their efforts to enhance online transparency regarding their financial operations.