Sec. 4b-39. (Formerly Sec. 4-128e). Tax exemption.
42 words·~1 min read·
/ct/title-4b/chapter-59-state-real-property/4b-39·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 .