2012 Pennsylvania Consolidated Statutes
Title 75 - VEHICLES
Chapter 95 - Taxes for Highway Maintenance and Construction
Section 9511.7 - Exemption from Commonwealth taxation
§ 9511.7. Exemption from Commonwealth taxation.
The effectuation of the purposes of this chapter is for the benefit of the citizens of this Commonwealth and for the improvement of their commerce and prosperity. Since the commission will be performing essential government functions in effectuating these purposes, the commission shall not be required to pay any tax or assessment on any property acquired or used by it for the purposes provided under this chapter. A bond, note or other obligation issued by the commission, its transfer and the income from its issuance and transfer, including any profits made on the sale of the bond, note or other obligation, shall be free from taxation within the Commonwealth.
(July 18, 2007, P.L.169, No.44, eff. imd.)
2007 Amendment. Act 44 added section 9511.7. Section 11.1 of Act 44 provided that Act 44 shall apply retroactively to July 1, 2007.
Disclaimer: These codes may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
