The proposed bill, General Assembly Proposed Bill No. 72, aims to amend the general statutes to eliminate any state tax or fee when the cost of collecting that tax or fee exceeds the revenue generated from it. This legislative change is intended to streamline state finances by removing inefficient tax collection processes that do not yield a net benefit to the state.

The bill does not specify any particular taxes or fees to be eliminated but establishes a general principle that any tax or fee with a negative return on collection costs should be removed from the state's financial obligations. This approach seeks to enhance fiscal responsibility and ensure that state resources are utilized effectively.