Conn. Gen. Stat. § 4b-46
On and after July 1, 1995, any property which is subject to an agreement entered into by the Commissioner of Administrative Services for the purchase of such property through a long-term financing contract shall be exempt from taxation by the municipality in which such property is located, during the term of such contract. The assessed valuation of such property shall be included with the assessed valuation of state-owned land and buildings for purposes of determining the state grant in lieu of taxes under the provisions of section 12-18b.
Conn. Gen. Stat. § 4b-46
( P.A. 93-361, S. 13, 17; P.A. 11-51, S. 44; P.A. 15-244, S. 195.)
Any lien placed on property after July 1, 1995, that is tax exempt under section is invalid and subject to discharge; whether a particular arrangement constitutes a lease agreement or long-term financing agreement depends on the entire circumstances and purpose of the instruments in question rather than the form or title given to a document; statute exempts from taxation on or after July 1, 1995, property that is the subject of a long-term financing agreement entered into by commissioner; statute does not require that such agreement be entered into on or before July 1, 1995. 53 CA 438.