Connecticut § 8-213a Apportionment and abatement of taxes on acquisition of property by redevelopment or housing site development agency.

Connecticut Statutes

§ 8-213a — Apportionment and abatement of taxes on acquisition of property by redevelopment or housing site development agency.

Connecticut·Title 8 Zoning, Planning, Housing and Economic and Community Development·Ch. 133 Housing, Redevelopment and Urban Renewal and Human Resource Development Programs

In any case where a redevelopment agency or housing site development agency acquires real property, municipal taxes on such property may be apportioned in accordance with prevailing local practice in the transfer of property as of the day title vests in the grantee and the authority authorized under the provisions of section 12-124 to abate taxes in the municipality wherein such real property is situated may abate the taxes on such property from the date title so vests.

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In any case where a redevelopment agency or housing site development agency acquires real property, municipal taxes on such property may be apportioned in accordance with prevailing local practice in the transfer of property as of the day title vests in the grantee and the authority authorized under the provisions of section 12-124 to abate taxes in the municipality wherein such real property is situated may abate the taxes on such property from the date title so vests.

Connecticut § 8-213a (Apportionment and abatement of taxes on acquisition of property by redevelopment or housing site development agency.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.