Requires governor to perform cost benefit analysis of tax expenditures

This bill requires New York's governor to conduct annual cost-benefit analyses of tax breaks (tax expenditures) in the state budget. It mandates evaluating whether each tax break creates jobs, retains workers, or encourages investment in New York compared to the revenue the state loses by offering it. The governor must compare each tax break's actual results to a predetermined "target ratio," explain the analysis method, and assess if the tax break still serves its original purpose. This applies to all tax breaks under specific sections of New York's tax law and directly affects how the state evaluates existing tax policies.