Statutes > Idaho Statutes > TITLE 43 IRRIGATION DISTRICTS > CHAPTER 19 DOMESTIC WATER SYSTEMS -- CONTRACTS WITH UNITED STATES > 43-1920 WORKS AND BONDS EXEMPT FROM TAXATION.

43-1920 WORKS AND BONDS EXEMPT FROM TAXATION.

TITLE 43

IRRIGATION DISTRICTS

CHAPTER 19

DOMESTIC WATER SYSTEMS -- CONTRACTS WITH UNITED STATES

43-1920. Works and bonds exempt from taxation. As long as a district shall own any works, the property and revenue of the works shall be exempt from taxation. Bonds issued under the irrigation district domestic water system revenue bond act and the income therefrom shall be exempt from taxation, except transfer and estate taxes.