The proposed bill, General Assembly Proposed Bill No. 6312, aims to amend the general statutes to incorporate the state's tax expenditures into the framework of fiscal controls. This inclusion is intended to enhance the state's financial oversight by recognizing tax expenditures as a significant factor in the overall fiscal management of the state.
The bill does not specify any deletions from current law but emphasizes the addition of tax expenditures as a critical consideration in fiscal controls. The purpose of this amendment is to ensure that tax expenditures are accounted for in the state's financial planning and decision-making processes, thereby promoting greater transparency and accountability in fiscal governance.