(a) Bonds issued by the Authority and the interest thereon are exempt from District taxation except estate, inheritance, and gift taxes.
(b) Real and personal property owned and used for exempt purposes by the Authority shall be exempt from District taxation.
CREDIT(S)
(Aug. 23, 1994, D.C. Law 10-153, § 14, 41 DCR 4652.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 40-853.
Legislative History of Laws
For legislative history of D.C. Law 10-153, see Historical and Statutory Notes following § 50-2501.