General Assembly Proposed Bill No. 664 January Session, 2013 LCO No. 2354 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FRANTZ, 36th Dist. General Assembly Proposed Bill No. 664 January Session, 2013 LCO No. 2354 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FRANTZ, 36th Dist. AN ACT CONCERNING A REDUCTION IN INCOME TAX RATES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 229 of the general statutes be amended to reduce all income tax rates by thirty per cent. Statement of Purpose: To reduce personal income tax rates.