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2005 Connecticut Code - Sec. 8-362. Abatement of real property taxes.

      Sec. 8-362. Abatement of real property taxes. The municipality in which a development receiving financial assistance under section 8-361 is located may abate real property taxes on such development as follows: For the first year, seventy-five per cent of such taxes shall be abated, for the second year, fifty per cent and for the third year, thirty per cent.

      (P.A. 93-401, S. 2.)

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