Idaho Code § 50-1042

Current through the 2024 Regular Session
Section 50-1042 - PROJECTS AND BONDS EXEMPT FROM TAXATION

So long as a city shall own any works or rehabilitated existing electrical generating facilities, the property and revenue of such works or rehabilitated existing electrical generating facilities shall be exempt from taxation. Bonds issued under sections 50-1027 through 50-1042, Idaho Code, and the income therefrom shall be exempt from taxation, except transfer and estate taxes.

Idaho Code § 50-1042

[50-1042, added 1967, ch. 429, sec. 202, p. 1249; am. 1977, ch. 50, sec. 9, p. 99.]