General Assembly Proposed Bill No. 557 January Session, 2015 LCO No. 1977 *01977* Referred to Committee on EDUCATION Introduced by: SEN. KANE, 32nd Dist. General Assembly Proposed Bill No. 557 January Session, 2015 LCO No. 1977 *01977* Referred to Committee on EDUCATION Introduced by: SEN. KANE, 32nd Dist. AN ACT REPEALING THE LIMITATION ON THE AMOUNT CERTAIN TOWNS MAY REDUCE THEIR MINIMUM BUDGET REQUIREMENT. Be it enacted by the Senate and House of Representatives in General Assembly convened: That subsection (d) of section 10-262i of the general statutes be amended to repeal the limitation on the amount that a town may reduce its budgeted appropriation for education when such town experiences a decline in its resident student population. Statement of Purpose: To allow towns with declining student populations to achieve proportional savings.