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 is designed to support municipalities in their efforts to improve public access to financial information, thereby promoting accountability and informed citizen engagement in local governance. The bill does not include any deletions from current law but introduces new provisions to facilitate the online dissemination of municipal financial information.