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Connecticut General Statutes Title 12. Taxation § 12-19f. Allocation of payments in lieu of taxes for Torrington courthouse

Current as of June 28, 2021 | Updated by FindLaw Staff

After completion of the courthouse which is to be constructed after May 12, 2004, in the town of Torrington and commencing with the payment in lieu of taxes made under section 12-19a for such courthouse to the town of Torrington for the grand list year the courthouse was completed, such payment shall be divided between the towns of Torrington and Litchfield as follows:

(1) For the first year such payments are made until and including the seventh such year, fifty-five per cent of such payment shall be made to the town of Torrington and forty-five per cent of such payment shall be made to the town of Litchfield;  and

(2) For the eighth such year until and including the fourteenth such year, sixty-five per cent of such payment shall be made to the town of Torrington and thirty-five per cent of such payment shall be made to the town of Litchfield.

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Cite this article: FindLaw.com - Connecticut General Statutes Title 12. Taxation § 12-19f. Allocation of payments in lieu of taxes for Torrington courthouse - last updated June 28, 2021 | https://codes.findlaw.com/ct/title-12-taxation/ct-gen-st-sect-12-19f/

Read this complete Connecticut General Statutes Title 12. Taxation § 12-19f. Allocation of payments in lieu of taxes for Torrington courthouse on Westlaw

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