Sec. 12-81z. Municipal option to abate taxes on property of nonstock corporation providing citizenship classes.
Sec. 12-81z. Municipal option to abate taxes on property of nonstock corporation providing citizenship classes. 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 nonstock corporation which
provides classes on United States citizenship, provided no officer, director or member
of such corporation receives, in any year for which such abatement is effective, any
pecuniary profit or any distribution of profits from the operations of such corporation,
except reasonable compensation for expenses or for services in effecting the purposes
of such classes.
(P.A. 00-130, S. 1, 2.)
History: P.A. 00-130 effective October 1, 2000, and applicable to assessment years commencing October 1, 2000.