Sec. 12-81u. Municipal option to abate property taxes on property of certain communications establishments.
Sec. 12-81u. Municipal option to abate property taxes on property of certain
communications establishments. Any municipality may, by vote of its legislative body
or, in a municipality where the legislative body is a town meeting, by vote of the board
of selectmen, abate up to one hundred per cent of the property taxes due for any tax year
with respect to real or personal property of any communications establishment included
in major group 48, in the Standard Industrial Classification Manual, United States Office
of Management and Budget, 1987 edition.
(P.A. 98-242, S. 7, 9.)
History: P.A. 98-242 effective June 8, 1998, and applicable to assessment years of municipalities commencing on or
after October 1, 1998.