§ 63H-7-501. Property and funds of the authority declared public property -- Exemption from taxes. (Effective 7/1/2014)  


Latest version.
  • (1) The property and funds of the authority are declared to be public property used for essential public and governmental purposes.
    (2) The property and the authority are exempt from all taxes and special assessments of any public body. This tax exemption does not apply to any portion of a project used for a profit-making enterprise.
Renumbered and Amended by Chapter 320, 2014 General Session