Connecticut General Statutes/Title 4b/Chapter 59/Section 4b-39

CGS § 4b-39. (Formerly Sec. 4-128e). Tax exemption.

Land, buildings or facilities leased pursuant to section 4b-35 and section 4b-36 shall be exempt from municipal taxation. The value of such land, buildings or facilities shall be used for computation of grants in lieu of taxes pursuant to section 12-18b.

Short History

(1971, P.A. 572, S. 6; P.A. 15-244, S. 194.)

Long History

History: Sec. 4-128e transferred to Sec. 4b-39 in 1989; P.A. 15-244 replaced reference to Sec. 12-19a with reference to Sec. 12-18b, effective July 1, 2016.

PreviousCGS § 4b-38. (Formerly Sec. 4-128d). Lease of state-owned land or buildings for municipal or private use.NextCGS § 4b-40 (Formerly Sec. 4-128f) and 4b-41. State lease of certain property for courthouse in Norwich; conveyance to state at end of lease term; exempt from property tax and included as if owned by state in computing grant in lieu of taxes on state real property. Lease-purchase agreement for development of courthouse in Vernon; easement agreements; courthouse exempt from property tax and included as if owned by state in computing grant in lieu of taxes on state real property.