Sec. 32-208. Exemption from state and local taxes.
Sec. 32-208. Exemption from state and local taxes. The exercise of the powers
granted by sections 32-200 to 32-212, inclusive, constitute the performance of an essential governmental function and the authority shall not be required to pay any taxes or
assessments upon or in respect of the project, levied by any municipality or political
subdivision or special district having taxing powers of the state and the project and the
principal and interest of any bonds and notes issued under the provisions of sections
32-200 to 32-212, inclusive, their transfer and the income therefrom, including revenues
derived from the sale thereof, shall at all times be free from taxation of every kind by
the state of Connecticut or under its authority, except for estate or succession taxes.
(P.A. 90-320, S. 9, 14.)