The bonds authorized by this chapter and the income therefrom and all security agreements and mortgages executed as security therefor made pursuant to the provisions hereof, and the revenues derived therefrom, shall be exempt from all income taxation in the state.
Miss. Code Ann. § 21-45-17
Exemption from taxation
Known as the Tax Increment Financing Act
The act spans §§ 21-45-1 to 21-45-9 (11 sections).
Laws, 1986, ch. 449, § 9, eff from and after July 1, 1986.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.