[Adopted 3-16-2021]
For transfers of property exempt or that became exempt by reason of the property's acquisition by a nonprofit land conservation organization pursuant to § 12-81(7) of the Connecticut General Statutes, the real property taxes due for any portion of a tax year paid or payable by a nonprofit land conservation organization shall be abated, even if the real property taxes were due for a period before the date of acquisition but were paid or became payable subsequent to the date of acquisition, but in no case shall delinquent taxes or interest thereon be abated. Any benefits authorized under this article are conditioned upon the timely submission of documentation from a land conservation organization to the Town Assessor, as required and approved by the Assessor, substantiating any tax payments to be abated and eligibility under this article and the Connecticut General Statutes. This article will apply retroactively to January 1, 2021.