Section 13. An authority and all its real and personal property shall be exempt from taxation and from betterments and special assessments; and an authority shall not be required to pay any tax, excise or assessment to or for the commonwealth or any of its political subdivisions; nor shall an authority be required to pay any fee or charge for any permit or license issued to it by the commonwealth, by any department, board or officer thereof, or by any political subdivision of the commonwealth, or by any department, board or officer of such political subdivision. Bonds and notes issued by an authority, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the commonwealth.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 161b - Transportation Facilities, Highway Systems and Urban Development Plans
Section 2 - Transit Authorities Authorized; Territories; Powers, Duties and Liabilities
Section 4 - Administrator; Appointment; Tenure; Salary; Bond
Section 5 - Advisory Board; Members; Vote; Executive Committee; Meetings; Expenses
Section 6 - Powers of Authority
Section 8 - Limitations, Conditions, Obligations and Duties of Authority
Section 9a - Cape Cod Regional Transit Authority; Assessment Upon Member Cities and Towns
Section 12 - Audit; Report; Provision of Copies to Committee Chairs
Section 13 - Exemptions From Taxation and License Fees
Section 18 - Trust Agreement to Secure Bonds
Section 19 - Bonds Issued Under This Chapter; Authorized Investments; Use for Legal Deposits
Section 20 - Rights of Bondholders and Trustee; Enforcement Proceedings
Section 22 - Federal Assistance
Section 23 - Contract Assistance
Section 24 - Application of Other Laws
Section 25 - Direct Operation of Mass Transportation Service