Annual edition
Pub. L. 100–233 inserted before period at end “, except that interest on such obligations shall be subject to Federal income taxation in the hands of the holder”.
Source credit
Pub. L. 100–233, title VIII, §805(p), Jan. 6, 1988, 101 Stat. 1716.
Dec 23, 1985 – Jan 6, 1988
Amended · full text not held
Pub. L. 99–205 struck out last two sentences relating to exemption of banks for cooperatives and their property, franchises, capital, reserves, surplus, other funds, and income from Federal and non-Federal taxation except for Federal income taxation of interest on obligations of such banks and for Federal and non-Federal taxation of real and tangible personal property of such banks to same extent as similar property is taxed, and making such exemption provisions applicable only for any year or part thereof in which stock in such banks was held by the Governor of the Farm Credit Administration.
Source credit
Pub. L. 99–205, title II, §205(e)(10), Dec. 23, 1985, 99 Stat. 1705
Dec 10, 1971 – Dec 23, 1985
Enacted · full text not held
Source credit
Pub. L. 92–181, title III, §3.13, Dec. 10, 1971, 85 Stat. 608
