General Assembly Proposed Bill No. 5020 February Session, 2012 LCO No. 223 Referred to Committee on Finance, Revenue and Bonding Introduced by: REP. SAMPSON, 80th Dist. General Assembly Proposed Bill No. 5020 February Session, 2012 LCO No. 223 Referred to Committee on Finance, Revenue and Bonding Introduced by: REP. SAMPSON, 80th Dist. AN ACT CONCERNING THE REPEAL OF THE 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 eliminate the earned income tax credit. Statement of Purpose: To provide budget relief by eliminating the earned income tax credit.