42-1747 — TAX EXEMPTION

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                                  TITLE  42
                       IRRIGATION AND DRAINAGE -- WATER
                            RIGHTS AND RECLAMATION
                                  CHAPTER 17
                       DEPARTMENT OF WATER RESOURCES --
                             WATER RESOURCE BOARD
    42-1747.  TAX EXEMPTION. Bonds issued pursuant to the authority contained
in this act shall be exempt from taxation under the Idaho Income Tax law.