Each district is hereby declared to be performing a public function and bonds of a district are declared to be issued for an essential public and governmental purpose and, accordingly, interest on those bonds and income from those bonds shall be exempt from income taxation by this state.
Mo. Rev. Stat. § 67.5036
Public function, board declared performing — exemption from taxation by..
Known as the State-Local Technical Services Act
The act spans §§ 67–67 (560 sections).
Effective: 28 Aug 2012; (L. 2012 H.B. 1504)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.