AN ACT CONCERNING THE COLLECTION COSTS OF STATE TAXES AND FEES.

HB 6315 requires all state agencies to evaluate the collection costs of taxes and fees they administer and report findings to the Finance, Revenue and Bonding Committee. The committee would then propose eliminating any tax or fee where the cost of collection exceeds the revenue generated. This bill directly affects state agencies responsible for tax/fee collection and taxpayers who pay those fees. It creates a formal process to identify and remove inefficient revenue streams, without specifying which taxes or fees would be impacted. The policy change focuses on budgetary efficiency rather than altering tax rates or structures.