Connecticut Statutes

§ 12-121e — Reduction in assessment of certain rehabilitated buildings.

Connecticut·Title 12 Taxation·Ch. 203 Property Tax Assessment
The assessor of any municipality that has adopted an ordinance pursuant to subparagraph (H)(xv) of subdivision (7) of subsection (c) of section 7-148 may reduce the assessment of any building that has been rehabilitated in accordance with the provisions of such ordinance. The assessment shall be adjusted after the building is rehabilitated. The adjusted assessment shall reflect the value of the structure prior to rehabilitation. The adjusted assessment shall be applicable for a period determined in accordance with the provisions of the ordinance.

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Connecticut § 12-121e (Reduction in assessment of certain rehabilitated buildings.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 97-320, S. 5, 11.) History: P.A. 97-320 effective July 1, 1997.

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