Requires the governor to perform a cost benefit analysis of tax expenditures.

This bill amends the executive law to require the governor to perform a cost benefit analysis of each tax expenditure. This includes a comparison between each tax expenditure's cost benefit analysis ratio and the tax expenditure's target ratio, an analysis of whether each tax expenditure has successfully achieved its purpose, and an explanation of the cost benefit analysis formula applied to each tax expenditure. The governor must also determine a cost benefit analysis target ratio for each tax expenditure.

Requires the governor to perform a cost benefit analysis of tax expenditures.

This bill amends the executive law to require the governor to perform a cost benefit analysis of each tax expenditure. This includes a comparison between each tax expenditure's cost benefit analysis ratio and the tax expenditure's target ratio, an analysis of whether each tax expenditure has successfully achieved its purpose, and an explanation of the cost benefit analysis formula applied to each tax expenditure. The governor must also determine a cost benefit analysis target ratio for each tax expenditure.