2018 US Code
Title 12 - Banks and Banking
Chapter 13 - National Housing
Subchapter II - Mortgage Insurance
Sec. 1714 - Taxation

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Citation 12 U.S.C. § 1714 (2018)
Section Name §1714. Taxation
Section Text

Nothing in this subchapter shall be construed to exempt any real property acquired and held by the Secretary under this subchapter from taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed.

Source Credit

(June 27, 1934, ch. 847, title II, §208, 48 Stat. 1252; Feb. 3, 1938, ch. 13, §3, 52 Stat. 22; Apr. 20, 1950, ch. 94, title I, §122, 64 Stat. 59; Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17.)

Editorial Notes AMENDMENTS

1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner".

1950—Act Apr. 20, 1950, substituted "Commissioner" for "Administrator".

1938—Act Feb. 3, 1938, corrected error in spelling of "subdivision".

Publication Title United States Code, 2018 Edition, Title 12 - BANKS AND BANKING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 12 - BANKS AND BANKING
CHAPTER 13 - NATIONAL HOUSING
SUBCHAPTER II - MORTGAGE INSURANCE
Sec. 1714 - Taxation
Contains section 1714
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 48 Stat. 1252
52 Stat. 22
64 Stat. 59
81 Stat. 17
Public Law References Public Law 90-19
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