67-8709. TAX EXEMPTION. All property of the authority is public property exempt from all taxes and special assessments of the state or a municipality. All bonds issued under this chapter are issued by a body corporate and politic of this state, and the bonds and the interest and income on and from the bonds and their transfer, and all fees, charges, funds, revenues, interest, income and other moneys or property received by the authority from or in connection with municipal bonds or other assets or operations of the authority, are exempt from every kind of taxation by the state or a municipality.
History:
[67-8709, added 2001, ch. 130, sec. 1, p. 455.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 87 - IDAHO BOND BANK AUTHORITY
Section 67-8701 - SHORT TITLE.
Section 67-8702 - DEFINITIONS.
Section 67-8704 - RETENTION OF OUTSIDE SERVICES.
Section 67-8705 - POWERS AND DUTIES OF THE AUTHORITY.
Section 67-8706 - ANNUAL REPORT.
Section 67-8707 - NEGOTIABILITY OF BONDS.
Section 67-8708 - BONDS AS LEGAL INVESTMENTS.
Section 67-8709 - TAX EXEMPTION.
Section 67-8711 - PURCHASE AND DISPOSITION OF BONDS.
Section 67-8712 - PRESUMPTION OF VALIDITY.
Section 67-8713 - RESERVE FUND — ADDITIONAL FUNDS AND ACCOUNTS.
Section 67-8714 - PERSONAL LIABILITY.
Section 67-8715 - EXEMPTION FROM EXECUTION AND SALE.
Section 67-8716 - UNLIMITED SALES TAX RECEIPTS PLEDGE.
Section 67-8717 - LIEN OF PLEDGE.
Section 67-8718 - CREDIT ENHANCEMENT OR LIQUIDITY.
Section 67-8719 - SURETY FOR DEPOSITS BY BANK.
Section 67-8720 - EXPENSES OF ADMINISTRATION.
Section 67-8722 - MUNICIPAL BONDS.
Section 67-8723 - COMPLETE AUTHORITY.
Section 67-8724 - RIGHTS NOT TO BE IMPAIRED BY STATE.
Section 67-8726 - COOPERATION BY GOVERNMENT AGENCIES.