AN ACT REQUIRING A COST-BENEFIT ANALYSIS OF STATE TAX EXPENDITURES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to mandate that the Office of Policy and Management and the legislative Office of Fiscal Analysis conduct a cost-benefit analysis of all state tax expenditures every five years, beginning in fiscal year 2011, and that this report be submitted to the Governor and legislature.

Statement of Purpose:

To conduct a cost-benefit analysis of all state tax expenditures.