Sec. 10-299. Power of Connecticut Institute for Blind to receive bequests; tax exemption. Review of proposed operating budget of Oak Hill School.
Sec. 10-299. Power of Connecticut Institute for Blind to receive bequests; tax
exemption. Review of proposed operating budget of Oak Hill School. (a) The Connecticut Institute for the Blind is empowered to receive, hold, invest or employ, as it
deems for the best interests of said institute, all property which comes to it by gift,
bequest or devise or which it acquires in any manner; but the General Assembly may,
at any time, limit the amount of property to be so held or acquired. All property of said
institute shall be exempt from taxation.
(b) For the fiscal year ending June 30, 1990, and each fiscal year thereafter, the
Connecticut Institute for the Blind shall submit by July first, its proposed operating
budget for the Oak Hill School for the next succeeding fiscal year to the Office of Policy
and Management. A copy of the proposed budget shall also be submitted to the joint
standing committee of the General Assembly having cognizance of appropriations and
matters relating to the budgets of state agencies. The proposed operating budget shall
include a statement indicating whether the institute will request an increase in state
support for the Oak Hill School.
(1949 Rev., S. 1614; P.A. 89-12, S. 2, 3.)
History: P.A. 89-12 added a new Subsec. (b) concerning the review of the proposed operating budget of Oak Hill School.