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CT SB00068

Bill

Official Source

Status

Introduced

1/10/2011

Primary Sponsor

John Kissel

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Amends section 3-115b of the general statutes to mandate use of generally accepted accounting principles (GAAP) in state financial reporting
  • Requires the Comptroller and Secretary of the Office of Policy and Management to apply GAAP standards when preparing and maintaining the state's annual financial statements
  • Requires GAAP standards to be applied to the preparation of the state's annual budget
  • Referred to the Committee on Appropriations
  • Introduced by Senator Welch (31st District) in the January 2011 session

Legislative Description

An Act Requiring The State To Use Generally Accepted Accounting Principles (gaap).

Last Action

Public Hearing 04/05

3/18/2011

Committee Referrals

Appropriations1/10/2011

Full Bill Text

No bill text available