There is a newer version of the Connecticut General Statutes
2009 Connecticut Code
Title 33 Corporations
Chapter 597 Electric Cooperative Act
Sec. 33-240. License fee. Exemption from excise and income taxes.
Sec. 33-240. License fee. Exemption from excise and income taxes. Each cooperative doing business in this state pursuant to this chapter shall pay annually, on or
before July first, to the Secretary of the State, a fee of twenty-five dollars, but shall be
exempt from all other excise and income taxes.(1949 Rev., S. 5349; May Sp. Sess. P.A. 92-6, S. 92, 117.)
History: May Sp. Sess. P.A. 92-6 raised fee from $10 to $25.
The legislature has wide discretion in the classification of property for taxation and in granting exemptions. 142 C. 483.
Disclaimer: These codes may not be the most recent version. Connecticut may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.