As a public body, no area development district board shall be required to pay taxes or assessments upon any project or upon any property acquired or used by it or upon the income or proceeds therefrom.
KRS 147A.110
District projects and property exempt from taxation
Known as the Government Resources Accelerating Needed Transformation Act
The act spans §§ 147–147 (51 sections).
History: Created 1972 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.