[Adopted 11-14-1972]
Pursuant to the authority set out in Section 12-81b of the General Statutes of Connecticut, Revision of 1958, the property tax exemption authorized by any of Subsections (7) to (16), inclusive, of Section 12-81 shall be effective as of the date of acquisition of the property to which the exemption applies by a tax-exempt organization or as of such later date on which any purchasing organization shall qualify as a tax-exempt organization.
Upon acquisition by a tax-exempt organization as above provided,
or later qualification by the organization as tax exempt, the Tax
Commissioner shall, upon application by the owner, abate that portion
of the then current tax applicable to the period after the date of
acquisition or qualification. The Tax Commissioner shall further certify
such abatement to the Tax Collector, who shall reimburse the tax-exempt
organization for any tax paid by it for a period subsequent to said
date of acquisition or qualification and for any tax paid by the prior
owner for a period subsequent to said date for which such organization
reimbursed the seller on the transfer of title to the property.
