The exercise of the powers conferred by this article constitute the performance of essential governmental functions, and as bridges which are owned and operated by municipalities constitute public property used for public purposes, such bridges shall at all times be free from taxation within the state. No municipality shall be required to pay taxes or assessments upon any such bridge or any part thereof owned by it, whether located within or without the corporate limits of such municipality, and bonds issued under the provisions of this article, their transfer, and the income therefrom (including any profits made on the sale thereof) shall at all times be free from taxation within the state.
Structure Mississippi Code
Title 65 - Highways, Bridges and Ferries
Chapter 25 - Mississippi River Bridges
Article 1 - Mississippi River Bridge Revenue Bond Law
§ 65-25-3. Issuance of bridge revenue bonds
§ 65-25-7. Purchase of bridges
§ 65-25-9. Condemnation of bridges and property
§ 65-25-11. Improvement of bridges acquired
§ 65-25-13. Construction of bridges
§ 65-25-15. Bridge revenue bonds
§ 65-25-17. Lien upon bond proceeds
§ 65-25-23. Contributions apart from bridge earnings
§ 65-25-25. Cessation of tolls
§ 65-25-27. Remedies of bondholders and trustee
§ 65-25-31. Competing bridges and ferries
§ 65-25-33. General powers of municipalities
§ 65-25-35. Bridge revenue refunding bonds
§ 65-25-37. Bridges and bonds exempt from taxation
§ 65-25-39. Article liberally construed
§ 65-25-41. Debt limitations not to apply
§ 65-25-43. Bridge commission may be created
§ 65-25-45. General powers of commissioners
§ 65-25-47. Records of bridge operation kept separate
§ 65-25-49. Commission to manage certain bridges
§ 65-25-51. Appointment, term, and compensation of members
§ 65-25-53. Authority of commission
§ 65-25-55. Obligation in connection with operation of bridge
§ 65-25-57. Limitation on costs of managing bridge properties