General Assembly Proposed Bill No. 139 January Session, 2017 LCO No. 1596 *01596* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. GERRATANA, 6th Dist. General Assembly Proposed Bill No. 139 January Session, 2017 LCO No. 1596 *01596* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. GERRATANA, 6th Dist. AN ACT REDUCING TAX EXPENDITURES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to reduce tax expenditures by five per cent. Statement of Purpose: To reduce tax expenditures by five per cent.