[Adopted 2-27-2014]
Pursuant to § 12-81b of the Connecticut General Statutes,
a municipality may, by ordinance, provide that the property tax exemption
applicable to certain tax-exempt corporations shall be effective as
of the date of acquisition of such property to which the exemption
applies.
Any real or personal property acquired by a corporation, which corporation is exempt from taxation under § 12-81(7) of the Connecticut General Statutes, shall be exempt from taxation as of the date of acquisition of such property; provided, however, that the reimbursement to be provided to the qualifying corporation is limited as set forth in §§ 270-23 and 270-24 herein.
[Amended 12-19-2019]
A qualifying corporation may submit an application for reimbursement
for any tax paid either by the qualifying corporation for a period
subsequent to the date of acquisition or paid by the prior owner for
a period subsequent to the date of acquisition for which such qualifying
corporation reimbursed such owner upon the transfer of title to the
property. Said application for reimbursement must be made to the Tax
Collector of the Town of Suffield on a form prescribed by her not
later than one year following the date of acquisition by the exempt
corporation. If the application requests reimbursement for taxes paid
by the prior owner for a period subsequent to the date of acquisition
for which such qualifying corporation reimbursed such owner on transfer
of title to the property, the applicant shall append to the application
all documentation supporting said claim of reimbursement, including
copies of checks and/or statements evidencing the amount that the
qualifying corporation reimbursed the prior owner on transfer of title.
Each application shall include a copy of the organization's letter
of determination of exemption by the Internal Revenue Service for
federal income tax. The Assessor may require further documentation
verifying that the property has been used exclusively for its tax-exempt
purposes.
If any amount shall have been paid on account of taxes upon real or personal property which is exempt from taxation hereunder, then upon application timely made as set forth in § 270-23 above, the Treasurer of the Town is authorized and directed to refund to the exempt corporation, without interest, such portion of said amount as represents taxes for the period subsequent to the acquisition date.
For purposes of this article, the acquisition date shall be the date of recording on the Suffield Land Records of the deed transferring title to the real and personal property to the tax-exempt corporation referenced in § 270-22 above.
[Amended 12-19-2019]
This article shall apply to real and personal properties acquired
by a qualifying exempt organization on or after September 1, 2013.
The tax exemption shall expire when the property is sold or no longer
used exclusively for tax-exempt purposes.
