General Assembly Proposed Bill No. 5561 January Session, 2017 LCO No. 727 *00727* Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: REP. YACCARINO, 87th Dist. General Assembly Proposed Bill No. 5561 January Session, 2017 LCO No. 727 *00727* Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: REP. YACCARINO, 87th Dist. AN ACT ESTABLISHING A MUNICIPAL OPTION FOR A PROPERTY TAX CREDIT FOR RETIRED FEDERAL EMPLOYEES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to permit municipalities to establish a property tax exemption for retired federal employees. Statement of Purpose: To authorize municipalities to expand property tax relief to retired federal employees.