OFA Bill Analysis

sHB 6617

AN ACT CONCERNING GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.

SUMMARY:

The bill requires the Appropriations Committee, the Secretary of the Office of Policy and Management and the director of the Office of Fiscal Analysis to review the progress of the implementation of generally accepted accounting principles with respect to the biennial budget of the state. Meetings shall take place by November 30, 2013, and each year thereafter.

EFFECTIVE DATE: July 1, 2013

COMMITTEE ACTION

Appropriations Committee

Joint Favorable

Yea

50

Nay

0

(04/22/2013)