Certificates of indebtedness issued under the provisions of this subchapter, and the interest thereon, shall be exempt from all state, county, and municipal taxes. This exemption shall include income, property, inheritance, and estate taxes.
Structure Arkansas Code
Chapter 3 - Public Buildings and Other Facilities
Subchapter 12 - Public Facilities Finance Act of 1983
§ 22-3-1204. Provisions exclusive and overriding
§ 22-3-1205. Powers of Building Authority Division generally
§ 22-3-1206. Plan for proposed construction — Hearings and review — Filing of financial statement
§ 22-3-1207. Certificates of indebtedness — Issuance and purchase authorized
§ 22-3-1208. Certificates of indebtedness — Terms and execution
§ 22-3-1209. Certificates of indebtedness — Pledge of revenues and restrictions generally
§ 22-3-1210. Certificates of indebtedness — Public Facilities Debt Service Fund
§ 22-3-1211. Certificates of indebtedness — Tax exemption
§ 22-3-1212. Certificates of indebtedness — Funds used for purchase — Retirement
§ 22-3-1213. Certificates of indebtedness — Alternative method of payment
§ 22-3-1214. Certificates of indebtedness — Disposition of proceeds
§ 22-3-1216. Authorizing resolution as enforceable contract — Covenants
§ 22-3-1218. Disposition of revenues from prison labor
§ 22-3-1219. Employment of architects and other professionals — Notice for bids for construction