§ A3-12. Tax exemption.

Latest version.

The authority as a public body corporate shall be deemed a political subdivision within the meaning of the exemptions granted under section 196.199, Florida Statutes.

Any bonds issued under the provisions of this act [article], their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the state, except that income derived from such bonds shall be subject to any tax imposed on such bonds by chapter 220, Florida Statutes, as from time to time amended, or any successor statute.

(Laws of Fla., Ch. 81-436, § 14)

                    
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