Sec. 12-816. Tax exemption.
Sec. 12-816. Tax exemption. The exercise of the powers granted by sections 1-120, 1-121, 1-125, 12-557e, 12-563, 12-563a, 12-564, 12-566, 12-567, 12-568a and 12-569, subsection (d) of section 12-574 and sections 12-800 to 12-818, inclusive, constitute
the performance of an essential governmental function and all operations of the corporation shall be free from any form of federal or state taxation. In addition, except pursuant
to any federal requirements, the corporation shall not be required to pay any taxes or
assessments upon or in respect to sales of lottery tickets, or any property or moneys of
the corporation, levied by the state or any political subdivision or municipal taxing
authority. The corporation and its assets, property and revenues shall at all times be free
from taxation of every kind by the state and by the municipalities and all other political
subdivisions or special districts having taxing powers in the state.
(P.A. 96-212, S. 17, 32.)
History: P.A. 96-212 effective July 1, 1996.