Sec. 12-20c. Municipal option to share payments in lieu of taxes with special services district.
Sec. 12-20c. Municipal option to share payments in lieu of taxes with special
services district. Any municipality may provide to a special services district within
such municipality a portion of any payment from the state in lieu of property tax revenues
which would have been received except for a tax credit, tax exemption or tax abatement
authorized under chapter 203 or 204 if such payment is attributable to property within
such district.
(P.A. 00-229, S. 2, 7.)
History: P.A. 00-229 effective June 1, 2000, and applicable to assessment years commencing on and after October
1, 1998.