2011 Hawaii Code
DIVISION 1. GOVERNMENT
TITLE 5. STATE FINANCIAL ADMINISTRATION
39A. Special Purpose Revenue Bonds
§39A‑235 Exemption from taxation of department property.


HI Rev Stat § 39A‑235 (2011 through Reg Sess) What's This?

[§39A‑235] Exemption from taxation of department property. All revenues derived by the department from any project or under the project agreement pertaining thereto shall be exempt from all state, county, and municipal taxation. Any right, title, and interest of the department in any project shall also be exempt from all state, county, and municipal taxation. Except as otherwise provided by law, the interest of the project party or user of such project in a project or under the project agreement or related agreement shall not be exempt from taxation to a greater extent than it would be if the costs of the project were directly financed by the project party or other user. [L 1994, c 280, pt of §6]

Disclaimer: These codes may not be the most recent version. Hawaii 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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.