The authority is not required to pay any taxes or assessments of any nature whatsoever, upon any project or projects owned by the authority or leased by the authority; or any property acquired or used by the authority under the provisions of KRS 441.625 to 441.695; or upon the incomes or revenues from the lease or use of such property. Nor will there be any tax or assessment of the Commonwealth on any bonds issued under the provisions of KRS 441.625 to 441.695, their transfer or the income therefrom.
KRS 441.675
Authority's property, income, revenues and bonds are tax-exempt
Effective: July 15, 1982 History: Created 1982 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.