General Assembly Proposed Bill No. 428 January Session, 2013 LCO No. 789 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FASANO, 34th Dist. General Assembly Proposed Bill No. 428 January Session, 2013 LCO No. 789 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FASANO, 34th Dist. AN ACT CONCERNING THE STATUTE OF LIMITATIONS FOR AUDITS BY THE DEPARTMENT OF REVENUE SERVICES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to change the statute of limitations for audits by the Department of Revenue Services from three years to two years. Statement of Purpose: To aid taxpayers in responding to DRS audits by making the time period for such audits shorter.