The exercise of the powers granted by sections 7-329a to 7-329u, inclusive, shall be in all respects for the benefit of the inhabitants of the state, for the increase of their commerce and for the promotion of their safety, health, welfare, convenience and prosperity, and as the operation and maintenance of any project which the port authority is authorized to undertake constitute the performance of an essential governmental function, no port authority shall be required to pay any taxes or assessments upon any project acquired and constructed by it under the provisions of said sections; and the bonds, notes, certificates or other evidences of debt issued under the provisions of said sections, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free and exempt from taxation by the state and by any political subdivision thereof.
(P.A. 98-240, S. 12.)
Structure Connecticut General Statutes
Chapter 105 - Fire, Sewer and Other Districts
Section 7-324. - Definition. Continuation of former districts.
Section 7-325. - Organization. Boundary changes. Reports. Statements.
Section 7-327. - Meetings and referenda. Officers. Fiscal year.
Section 7-327a. - Petition for vote. Form. Statement by and qualification of circulator.
Section 7-328. - Taxation. Bonds.
Section 7-328a. - Home rule action.
Section 7-328b. - District may exempt motor vehicles from property tax.
Section 7-328c. - Districts established in 1839.
Section 7-329. - Termination of district.
Section 7-329a. - Establishment of port district and port authority. Jurisdiction.
Section 7-329b. - Definitions.
Section 7-329c. - Powers and duties of port authority.
Section 7-329d. - Regulations by port authority.
Section 7-329e. - Investigations.
Section 7-329f. - Property necessary for development.
Section 7-329g. - Issuance of bonds.
Section 7-329h. - Securing of bonds.
Section 7-329i. - Rates, rents, fees and charges.
Section 7-329j. - Receipts to be trust funds.
Section 7-329k. - Rights of bondholders.
Section 7-329l. - Tax exemption.
Section 7-329m. - Bonds to be legal investments.
Section 7-329n. - Municipal powers to aid port authority.
Section 7-329o. - Provision of property to port authority.
Section 7-329p. - Lease of facilities.
Section 7-329q. - Financial aid by municipality.
Section 7-329r. - Municipal guarantee of port authority bonds.
Section 7-329s. - Pledge or assignment of lease to secure bonds.
Section 7-329t. - Exemption of property from levy and sale by virtue of execution.
Section 7-329u. - Payment by port authority of sums in lieu of taxes.
Section 7-330. - Formation of municipal district.
Section 7-331. - Payment of expenses.
Section 7-332. - Admission to or withdrawal from district.
Section 7-333. - Metropolitan districts. Definitions.
Section 7-334. - Formation of metropolitan district. Jurisdiction.
Section 7-335. - Powers of districts.
Section 7-336. - Petition to establish district.
Section 7-337. - Charter commission.
Section 7-338. - Preparation of charter.
Section 7-339. - Vote on charter.
Section 7-339a. - Interlocal agreements. Definitions.
Section 7-339b. - Subjects of interlocal agreements.
Section 7-339c. - Procedure for entering agreements.
Section 7-339d. - Advisory board.
Section 7-339e. - Reimbursement of expenses of advisory board.
Section 7-339f. - Provisions required in agreements.
Section 7-339g. - Financing of activities.
Section 7-339h. - State and federal aid.
Section 7-339k. - Agreement to have status of compact. Parties in event of controversy.
Section 7-339l. - Authority to be in addition to other powers.