(a) Bonds issued under the provisions of this subchapter and the interest on them shall be exempt from all state, county, and municipal taxes.
(b) This exemption shall include income, inheritance, and estate taxes.
Structure Arkansas Code
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 184 - Central Business Improvement Districts
Subchapter 2 - Financing of Improvements
§ 14-184-201. Legislative determinations
§ 14-184-204. Provisions supplemental
§ 14-184-205. Revenue bonds authorized
§ 14-184-206. Loans to property owners
§ 14-184-207. Providing of funds
§ 14-184-208. Bonds — Authorizing resolution
§ 14-184-209. Bonds — Terms and conditions
§ 14-184-210. Bonds — Trust indenture
§ 14-184-212. Bonds, coupons — Execution — Seal
§ 14-184-213. Bonds — Conversion
§ 14-184-215. Obligation on bonds