The proposed bill, General Assembly Proposed Bill No. 310, seeks to amend section 2-33a of the general statutes to redefine the state "spending cap." The bill aims to limit the growth of all state expenditures, including off-budget items, by making two significant changes: it will eliminate inflation as a factor that could justify an increase in general budget expenditures, and it will allow the expenditure limit to increase solely based on growth in personal income.

The intent of this legislation is to impose stricter controls on state spending by removing the influence of inflation, which could lead to higher budget allowances, and instead tying any potential increases in the spending cap directly to the growth of personal income. This approach is designed to ensure that state expenditures remain more closely aligned with the financial capabilities of its residents.