70-2116. TAX EXEMPTION. Any bonds issued under the provisions of this act, their transfer, and income therefrom, including any interest paid or payable thereon and profit made on the sale thereof, shall be exempt at all times from all taxation in the state of Idaho.
History:
[70-2116, added 1981, ch. 228, sec. 1, p. 465.]
Structure Idaho Code
Title 70 - WATERCOURSES AND PORT DISTRICTS
Chapter 21 - IDAHO PORT DISTRICT ECONOMIC DEVELOPMENT FINANCING ACT
Section 70-2101 - SHORT TITLE.
Section 70-2102 - DECLARATION OF NECESSITY AND PURPOSE — LIBERAL CONSTRUCTION.
Section 70-2103 - DEFINITIONS.
Section 70-2105 - CONFLICT OF INTEREST.
Section 70-2107 - PUBLICATION OF PROCEEDINGS — CONTEST PERIOD.
Section 70-2108 - SECURITY FOR REVENUE BONDS.
Section 70-2109 - PAYMENT OF REVENUE BONDS — NONLIABILITY OF STATE AND POLITICAL SUBDIVISIONS.
Section 70-2111 - CONVEYANCE OF TITLE TO LESSEE.
Section 70-2112 - POWERS NOT RESTRICTED — LAW COMPLETE IN ITSELF.
Section 70-2113 - INVESTMENT OF FUNDS.
Section 70-2114 - BONDS ELIGIBLE FOR INVESTMENT.
Section 70-2115 - EXEMPTION FROM PUBLIC BUILDINGS CONSTRUCTION AND BIDDING REQUIREMENTS.