Conn. Gen. Stat. § 8-129a
Apportionment and abatement of taxes on acquisition of property
Connecticut · General Statutes of Connecticut Chapter 130 — Redevelopment and Urban Renewal. State and Federal Aid. Community Development. Urban Homesteading. Abandoned and Blighted Property · Status: effective
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- Citation
- Conn. Gen. Stat. § 8-129a, Apportionment and abatement of taxes on acquisition of property, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2166780
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Full text
In any case where a redevelopment 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 date 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.