Land, buildings or facilities leased pursuant to section 4b-35 and section 4b-36 shall be exempt from municipal taxation. The value of such land, buildings or facilities shall be used for computation of grants in lieu of taxes pursuant to section 12-18b.
(1971, P.A. 572, S. 6; P.A. 15-244, S. 194.)
History: Sec. 4-128e transferred to Sec. 4b-39 in 1989; P.A. 15-244 replaced reference to Sec. 12-19a with reference to Sec. 12-18b, effective July 1, 2016.