Author: Gregory Servodidio

Property Tax Exemption for Residential Properties Revoked for Many Connecticut Colleges and Universities

During the recently concluded special session, the Connecticut General Assembly approved, and the Governor subsequently signed into law, Section 244 of Public Act No. 15-5 (June Special Session) that revokes the property tax exemption long enjoyed by private colleges and universities on certain of their residential properties.  Effective October 1, 2015, any residential real property…

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