General Assembly Proposed Bill No. 5701 January Session, 2011 LCO No. 2133 Referred to Committee on Finance, Revenue and Bonding Introduced by: REP. O'BRIEN T., 24th Dist. General Assembly Proposed Bill No. 5701 January Session, 2011 LCO No. 2133 Referred to Committee on Finance, Revenue and Bonding Introduced by: REP. O'BRIEN T., 24th Dist. AN ACT ESTABLISHING A STATE-EARNED INCOME TAX CREDIT. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 229 of the general statutes be amended to establish a state-earned income tax credit equal to twenty per cent of the federal- earned income tax credit. Statement of Purpose: To establish a state-earned income tax credit equal to twenty per cent of the federal-earned income tax credit.