(a) Bonds issued by the Authority and the interest thereon are exempt from District taxation except estate, inheritance, and gift taxes.
(b) Real and personal property owned and used for exempt purposes by the Authority shall be exempt from District taxation.
(Aug. 23, 1994, D.C. Law 10-153, § 14, 41 DCR 4652.)
1981 Ed., § 40-853.
Structure District of Columbia Code
Title 50 - Motor and Non-Motor Vehicles and Traffic
Chapter 25 - Public Parking Authority
§ 50–2501. Declaration of policy
§ 50–2503. Establishment and purposes of the Public Parking Authority of the District of Columbia
§ 50–2505. Oaths; financial disclosure statement
§ 50–2507. General powers of the Authority
§ 50–2508. Acquisition and use of property
§ 50–2509. Transfer of property interest between the District and the Authority