2014 Idaho Statutes
Title 42 - IRRIGATION AND DRAINAGE -- WATER RIGHTS AND RECLAMATION
Chapter 41 - WATER AND SEWER DISTRICT REVENUE BONDS
Section 42-4115 - WORKS AND BONDS EXEMPT FROM TAXATION.


ID Code § 42-4115 (2014) What's This?

42-4115. Works and bonds exempt from taxation. So long as a district shall own any works, the property and revenue of such works shall be exempt from taxation. Bonds issued under the water and sewer district revenue bond act and the income therefrom shall be exempt from taxation, except transfer and estate taxes.


History:

[42-4115, added 1976, ch. 62, sec. 1, p. 219.]

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