Amistad Schooner Receives Aid from CT
May 23, 2013
TheDay.com: Amistad America, owner of the famed replica of the 19th-century schooner that brought captive Africans to Connecticut, will continue to receive about $360,000 a year from the state as long as it re-establishes its tax-exempt status, legislators said this week.
Because it has not filed income tax returns for 3 consecutive years, Amistad America lost its tax-exempt status on August 15 . The IRS website posted the revocation on March 11. But the chairwoman of the legislature’s Appropriations Committee and an official at the state Department of Economic and Community Development are in no hurry to penalize the organization right now.
Follow New England Boating:
Don’t forget to sign up for our monthly newsletter!
Each month our emailed newsletter keeps you up to speed on the top news items, videos, destinations, reviews and fishing articles on New England Boating, so you won’t miss a beat. It’s convenient, it’s free, and you can opt out at any time!