The Office of the Attorney General William Tong
2000 Formal Opinions
Page 3 of 3
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In connection with the Department of Social Services’ (the "Department") Elder Financial Abuse Project (the "Project"), your Department requested an opinion as to whether an employee of a financial institution who suspects that an elderly customer is the victim of financial exploitation may disclose the elderly customer’s financial information to the Department’s Protective Services for the Elderly (PSE).
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You have asked this office for our opinion as to the exact conditions under which the Waterbury Budget Advisory Council ceases to exist and whether Waterbury's positive fund balances for Fiscal Years 97, 98, and 99 trigger the sunset provisions. An interpretation of the method of dissolution (i.e., a vote of the WBAC members on dissolution) would also be welcomed.
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You have written to this office seeking an interpretation of Conn. Gen. Stat. §12-63c(a), a statutory provision concerning the procedure local tax assessors are to employ in the valuation of commercial and industrial property used "primarily for purposes of producing rental income." Specifically, you ask whether the term "primarily" as used in this provision means "that more than 50% of the area of the structure is used for the purpose of producing rental income, or does 'primarily' mean that more than 50% of the income from the property is a result of rental income?" You posed a second question that stated: "If the second interpretation is correct, would gross or net income be used to determine the primary purpose?"