The income or other revenues of an authority, all properties at any time owned by an authority, any bonds issued by an authority, and the transfer of and the income from any bonds issued by an authority are exempt from all taxation and assessments in the state. In the resolution or indenture authorizing the bonds, an authority may waive the exemption from federal income taxation for interest on the bonds.
Source: L. 97: Entire part added, p. 497, § 1, effective August 6.
Structure Colorado Code
Part 6 - Regional Transportation Authority Law
§ 43-4-604. Board of Directors
§ 43-4-605.5. Preservation of State Highway Funding - Legislative Declaration
§ 43-4-606. Establishment of Regional Transportation Activity Enterprises
§ 43-4-607. Traffic Laws - Toll Collection
§ 43-4-607.5. Streetscape Enhancements - Local and Private Authority
§ 43-4-608. Local Improvement Districts
§ 43-4-610. Cooperative Powers
§ 43-4-611. Powers of Governmental Units
§ 43-4-613. Notice - Opportunity for Comment
§ 43-4-614. Notice - Coordination of Information
§ 43-4-615. Agreement of the State Not to Limit or Alter Rights of Obligees
§ 43-4-617. Bonds Eligible for Investment
§ 43-4-618. Exemption From Taxation - Securities Laws
§ 43-4-619. No Action Maintainable
§ 43-4-620. Judicial Examination of Powers, Acts, Proceedings, or Contracts of an Authority
§ 43-4-621. Calculation of Fiscal Year Spending Limit - First Full Fiscal Year's Spending as Base
§ 43-4-622. Exercise of Authority Powers by Transportation Planning Organization