Connecticut Statutes
§ 8-133b — Payments in lieu of taxes.
Connecticut·Title 8 Zoning, Planning, Housing and Economic and Community Development·Ch. 130 Redevelopment and Urban Renewal. State and Federal Aid. Community Development. Urban Homesteading. Abandoned and Blighted Property
The redevelopment agency of a municipality shall make payments in lieu of taxes to such municipality on all property acquired by such agency in accordance with any redevelopment or urban renewal plan, to the extent that such payments qualify as part of the gross project cost as provided by the federal Housing Act of 1949, as amended and as it may be amended, except that any municipality, by ordinance, may provide for the use of tax credits instead of actual payments as permitted by said federal act.
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Connecticut § 8-133b (Payments in lieu of taxes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(1967, P.A. 447.)
Nearby Sections
15
§ 8-1
Zoning commissions.§ 8-106
Definitions.§ 8-107
Development of projects.§ 8-110
Federal aid.§ 8-111
Powers to be additional.§ 8-112
Declaration of policy.§ 8-112a
Declaration of policy.§ 8-113a
Definitions.