As long as a district shall own any works, the property and revenue of the works shall be exempt from taxation. Bonds issued under the irrigation district domestic water system revenue bond act and the income therefrom shall be exempt from taxation, except transfer and estate taxes.
Idaho Code § 43-1920
Works and bonds exempt from taxation
Known as the Irrigation District Domestic Water System Revenue Bond Act
The act spans §§ 43–43 (20 sections).
I.C., § 43-1920, as added by 1988, ch. 299, § 15, p. 944.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.