General Assembly Proposed Bill No. 180
January Session, 2011 LCO No. 295
Referred to Committee on Appropriations
Introduced by:
SEN. BOUCHER, 26th Dist.
General Assembly
Proposed Bill No. 180
January Session, 2011
LCO No. 295
Referred to Committee on Appropriations
Introduced by:
SEN. BOUCHER, 26th Dist.
AN ACT CONCERNING THE USE OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) BY THE STATE.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 3-115b of the general statutes be amended to require that the Comptroller and the Secretary of the Office of Policy and Management adopt generally accepted accounting principles in the preparation and maintenance of the annual financial statements of the state and the preparation of the annual budget of the state.
Statement of Purpose:
To require that the state adopt GAAP.