California Government Code

§ 55817

GOV § 55817 Effective Sep 9, 1991Div. 2 · Title 5 · Part 3 · Ch. 1

Notwithstanding any other provision of law:

(a)The authority and its revenues are exempt from all taxes on, or measured by, income.

(b)Bonds issued by the authority are exempt from all property taxation, and the interest on the bonds is exempt from all taxes on income.

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Legislative history

Added by Stats. 1991, Ch. 384, Sec. 1. Effective September 9, 1991.