The exercise of the powers granted by sections 32-771 to 32-775, inclusive, shall be in all respects for the benefit of the people of the state, for the increase of their commerce, welfare and prosperity, and as the exercise of such powers shall constitute the performance of an essential public function, a Connecticut brownfield land bank shall not be required to pay any taxes or assessments upon or in respect of any revenues or property received, acquired, transferred or used by such Connecticut brownfield land bank, or upon or in respect of the income from such revenues or property.
(P.A. 17-214, S. 5.)
History: P.A. 17-214 effective July 1, 2017.
Structure Connecticut General Statutes
Title 32 - Commerce and Economic and Community Development
Chapter 588gg - Brownfield Remediation and Development
Section 32-760. - Definitions.
Section 32-761. (Formerly Sec. 32-9cc). - Office of Brownfield Remediation and Development.
Section 32-762. - Brownfield remediation and development account.
Section 32-763. (Formerly Sec. 32-9kk). - Remedial action and redevelopment municipal grant program.
Section 32-765. - Targeted brownfield development loan program.
Section 32-766. - Terms and conditions of financial assistance.
Section 32-767. - Reimbursement for costs and expenses of assessment or remediation.
Section 32-768. (Formerly Sec. 32-9ll). - Abandoned brownfield cleanup program.
Section 32-772. - Board of directors.
Section 32-773. - Purposes. Powers.
Section 32-774. - Tax exemption.
Section 32-775. - Obligations re acquisition, ownership and transfer of real property.