General Assembly Proposed Bill No. 788 January Session, 2015 LCO No. 1673 *01673* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. KELLY, 21st Dist. General Assembly Proposed Bill No. 788 January Session, 2015 LCO No. 1673 *01673* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. KELLY, 21st Dist. AN ACT CONCERNING A MUNICIPAL OFFSET FOR NEW OR INCREASED STATE TAXES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to require that any enactment of a new or increased tax by the General Assembly must be offset by the reduction or elimination of an unfunded state mandate on municipalities. Statement of Purpose: To provide tax relief on the local level when taxes are increased or added on the state level.